Allianz, EDGE and BVK launch German office programme
14th March 2022
Allianz Real Estate, developer Edge and pension fund Bayerische Versorgungskammer (BVK) have teamed up to develop sustainability and wellness-led office building in Germany.
The €1.3 billion programme will develop a series of prime offices in Germany’s top four cities. On completion, the assets will meet Carbon Risk Real Estate Monitor (CRREM) sustainability standards and support Allianz Real Estate’s targets to reduce carbon emissions across its global portfolio by 25% by 2025 and be carbon net-zero by 2050.