IC Real Estate to manage 41 bank properties

By A staff reporter 2007-10-30T00:00:00

Germany's IC Real Estate Group said on Tuesday it is to asset and property manage 41 properties by Sparkasse Sudholstein savings bank in Schleswig-Holstein. The bank divested the 48,000 m[sup]2[/sup] portfolio through a sale-and-leaseback transaction by selling them to the IC Real Estate and IC's real estate investment trust (REIT), ...

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