Amundi Immobilier targets €15bn AUM in three years
Amundi Immobilier, the real estate arm of Amundi, has recently announced its assets under management reached €10.5bn in April.
Amundi Immobilier’s retail open ended real estate fund Opcimmo gathered €434m inflows in 2014 and €452m net new inflows in the four first months of 2015. Assets invested in Opcimmo amounted to €1,25bn at the end of April.
Amundi Immobilier has plans to sell its real estate products abroad, for both retail and institutional clients.
The manager is targeting Italy, Austria, the Czech Republic and Poland for new investments.
Amundi Immobilier has announced it has also set a target of €15bn of assets under management in the next three years.
Amundi manages over €950bn in assets as at 31 March 2015, and is aiming to reach €1trn AUM by the end of 2016.