People Digest: Allianz Real Estate, ARA Asset Management make senior hires

People Digest: Allianz Real Estate, ARA Asset Management make senior hires

The logo of Europe's biggest insurer Allianz SE is seen on the company tower at La Defense business and financial district in Courbevoie near Paris, France, March 2, 2016. REUTERS/Jacky Naegelen/File Photo

German insurance giant Allianz has appointed a new head of real estate for Asia Pacific, while real estate fund manager ARA Asset Management (ARA) has promoted David Blight as chief investment officer of its private funds division.