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Last $0.04 USD
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As of 4:30 PM 03/14/15 All times are local (Market data is delayed by at least 15 minutes).

ivg immobilien ag (IVGHF) Snapshot

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ivg immobilien ag (IVGHF) Details

IVG Immobilien AG is a real estate investment firm. It buys, manages, and sells properties for its own portfolio and for third parties. The company operates in four segments: Investment, Funds, Development, and Storage Caverns. The Investment segment engages in acquiring, developing, and selling office properties located in London, Paris, Brussels, Warsaw, Helsinki, Berlin, Düsseldorf, Frankfurt, Hamburg, and Munich. The Funds segment develops, distributes, and manages real estate property funds for private and institutional investors. The Development segment develops office property projects in the European cities. The Storage Caverns segment provides underground storage facilities for oil and natural gas. The company was founded in 1916 as Verwertungsgesellschaft für Montanindustrie GmbH and changed its name to Industrieverwaltungsgesellschaft mbH in 1951. Further, the company changed its name to IVG Holding AG in 1996 and to IVG Immobilien AG in 2002. IVG Immobilien AG is headquartered in Bonn, Germany. IVG Immobilien AG is in Liquidation.

Founded in 1916

ivg immobilien ag (IVGHF) Top Compensated Officers

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ivg immobilien ag (IVGHF) Key Developments

IVG May Be Put Up For Sale

IVG Immobilien AG is preparing to put itself up for sale. The company is close to appointing investment bank Lazard to advice on the sale process, which comes after a turbulent restructuring. The sale will come alongside the spinning off of €3 billion of property assets that the fund identified earlier this year.

IVG Immobilien AG Announces Management Changes

IVG Immobilien AG has appointed Dietmar Binkowska, current chairman of the supervisory board, as a new member of the management board and CEO. By mutual agreement, former CEO Ralf Jung leaves the company due to differences of opinion between him and core investors on the future strategic direction. Mr. Binkowska will work together with Rolf Glessing, CFO, and Oliver Priggemeyer, COO. Also, Mr. Christoph Schmidt-Wolf, Deputy Chairman of the Supervisory Board to date, has been elected to take over the reins of this committee. Mr. Gerhard L. Dunstheimer will serve as Deputy Chairman. Before his time as Head of the Supervisory Board of IVG Immobilien AG, Mr. Binkowska was Chairman of the Management Board of NRW.Bank, the regional development bank for the state of North Rhine-Westphalia.

IVG Immobilien AG, Annual General Meeting, Jul 09, 2015

IVG Immobilien AG, Annual General Meeting, Jul 09, 2015.


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