German insurer could invest $3 billion in U.S., U.K. REITs

06/19/2008 | Reuters

AMB Generali plans to invest $3 billion in U.K. and U.S. property in the next two years. The German insurer is looking at investments in REITS and property derivatives, an official said on Wednesday. "We might be coming to the market quite soon," said Christophe Schumacher, head of indirect investment and structured products for the firm's property arm.

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