Adoption
Allianz moves €60bn portfolio onto Altus Group software
Global investment manager Allianz Real Estate has adopted Altus Group’s Argus investment and asset management platform to manage its global €60bn asset portfolio.
Altus Group’s unified end-to-end solution will be used for all of Allianz Real Estate’s direct equity, indirect, and debt real estate investments.
Altus Group is a software, data solutions and independent advisory provider based in Canada. The firm also offers Altus Analytics and Altus Expert Services. Its investment and asset management software manages complex structures at any level – asset, investment, investor and fund – and at all stages in the ownership cycle, from acquisition and development to disposition.
Allianz Real Estate has signed up to use Altus’s Argus software suite – comprising of Enterprise, Voyanta and Taliance – to combine all investments, structures and assets into a single platform, allowing for real time analytics, decision-making and reporting across the organization.
Andreas Steimel, chief operating officer of Allianz Real Estate, said: “Our strategic partnership with Altus Group has resulted in the first of its kind innovation for the real estate industry. Their solution provides us with the ability to manage our global portfolio from a single, integrated software platform. We benefit from greater visibility and insights from a top view of investments down to the individual asset performance.”
Robert Courteau, CEO of Altus Group, added: “We are pleased to be partnering with Allianz Real Estate, one of the largest and most innovative real estate investors globally, to support their continuing growth by providing a platform that streamlines and simplifies complex investment management analysis, reporting and decision-making.”
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