IC Immobilien to convert to REIT status

By A staff reporter 2007-05-02T00:00:00

IC Immobilien is to become one of the first German real estate investment trusts (G-REITs). The company said that it is planning to launch an initial public offering this autumn, and that it will shortly afterwards elect for REIT status. IC Immobilien expects a market capitalisation after listing of about ...

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