Allianz Alternative Assets appoints Olivier Piani as Global Head of Real Estate (DE)

Allianz Alternative Assets (AAA) has appointed Olivier Piani (54) as Global Head of Real Estate with effect October 1, 2008. In his new role Olivier Piani will establish and implement a global real estate investment platform for Allianz Group, combining its regional real estate units under one roof.

With total real estate assets under management amounting to nearly €20 billion, Allianz is one of Europe's largest real estate investors. Together with Private Equity, Infrastructure and Renewable Energy, the Real Estate business is part of Allianz Alternative Assets. Olivier Piani will report to Karl Ralf Jung, CEO of AAA Holding.

Olivier Piani joins Allianz from GE Capital Real Estate Europe where he as CEO successfully built up the company and its pan-European real estate portfolio. Prior to joining GE in 1998, he was CEO of UIC-Sofal and Deputy Head of Real Estate Restructuring of Paribas Group.

Olivier Piani holds a BA degree from Ecole Superieure de Commerce de Paris and a MBA degree from Stanford University.

Source: Allianz

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