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Allianz and Columbia form US$1.26b US real estate venture

Saturday, July 8, 2017 - 05:50

New York

ALLIANZ SE, Europe's biggest insurer, is partnering with Columbia Property Trust Inc to create a US$1.26 billion joint venture for US real estate.

The German insurer contributed an office tower at 114 Fifth Ave in Manhattan that's valued at US$220 million to the

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