Allianz has been working in European real estate finance since 2011, its portfolio gradually expanding from Germany and France to 10 regions across the Continent. So far its only UK exposure has been through a €650m (£567m) loan in 2015 to a cross-border NorthStar portfolio, which included offices in London.
But now Roland Fuchs, head of European real estate finance, explains why the UK commercial property industry looks like the “natural” next step for the lender and what it will look for.