IVG Is Readying $3.6 Billion Office Unit for Possible Sale

  • Preparations will be completed this year, CEO Binkowska says
  • New Frankfurt-based unit may be real estate investment trust

IVG Immobilien AG, the German property company that was taken over by creditors two years ago, will bundle most of its office properties into a new business this year, in preparation for a possible sale.

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