IVG REIT set for spring 2008 launch

By A staff reporter 2007-08-02T00:00:00

German property investor IVG Immobilien plans to hive off EUR 3.5 bn of its assets into a tax-friendly real estate investment trust (REIT) which would be launched on the Frankfurt stock exchange in the spring of 2008, newspaper Financial Times Deutschland reported on Thursday. 'If the bourse climate is unfavourable ...

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