Allianz doubles down on Japanese residential property

Allianz Real Estate, the captive investment and asset manager for Allianz Group, is increasing its allocations to Asia’s residential property sector, expanding in Japan and exploring markets like Australia and China.  “We saw resilience in the Japanese multi-family sector through the pandemic and wanted to double down on it,” Rushabh Desai, CEO of Allianz Real Estate’s Asia Pacific (Apac) business, told AsianInvestor. Desai pointed to the higher spread between residential assets…