Amundi buys Allianz Headquater for 97 mio Euro – L’Etoile Properties advised Amundi and will be handling the property management.

Hamburg, 10 February 2017 – Amundi Real Estate is buying the Allianz headquarters in Hamburg for one of its real estate funds. The seller of the complex on Kapstadtring 2 is the TAS Group. The law firms of Kapellmann und Partner and Clifford Chance supported the transaction.

The ten-story office building was revitalized from 2010 to 2012. It has about 59,800 sqm gross floor area, and market circles estimate the purchase price at nearly €100mn. About 42.000 sqm of the complex have been leased to Allianz for around 1,700 employees and a child care center since 2012.