PropertyEU

IVG has warchest of over EUR 1.3 bn

By A staff reporter 2008-01-15T00:00:00

German property giant IVG has readily available liquidity and unused credit lines of over EUR 1.3 bn, company directors Wolfhard Leichnitz and Bernd Kottmann informed shareholders in a letter last week, according to trade journal Immobilien Zeitung. The two executives are also counting on proceeds of over EUR 1 bn ...

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