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| Allianz sells a property portfolio to the Whitehall Funds Allianz Immobilien GmbH has sold a portfolio of commercial property worth some EUR 1.7 billion to subsidiaries of the Whitehall Funds, real estate funds sponsored and managed by Goldman Sachs. "This transaction enables us to reduce our over-concentration on buildings in Germany, and at the same allows us to improve the structure of our remaining portfolio, " said Karl Ralf Jung, Chairman of the Board of Allianz Immobilien GmbH. write your comments about the article :: © 2007 Construction News :: home page |