Allianz Real Estate has appointed Hugues Braconnier to the newly created position of head of logistics in a move aimed at expanding the company’s position in the sector.

Allianz Real Estate has appointed Hugues Braconnier to the newly created position of head of logistics in a move aimed at expanding the company’s position in the sector.

A French national, Braconnier previously held several senior positions at real estate investment companies like AXA, ING and JLL where he was responsible for implementing their logistics strategies and expanding their portfolios.

‘Logistics is of growing importance as an asset class within the investment strategy of Allianz, and we are glad to welcome Hugues and his deep domain expertise to help drive our expansion in the sector,’ said Olivier Téran, chief investment officer of Allianz Real Estate.