PropertyEU

IVG to sell EUR 600 mln of European assets

By A staff reporter 2007-01-03T00:00:00

German commercial property company IVG RE plans to withdraw from several European countries in order to streamline its direct property portfolio. The decision has been taken amid declines in property yields across the continent to historical lows, newspaper Financial Times has said. The company expects the sell-off to generate about ...

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