IVG Immobilien tops list of week's best performers

Germany's IVG Immobilien was Europe's best performing real estate stock last week, figures from GPR show. The share price rose 37.6% between 23 and 27 March after the company reached agreement to combine EUR 1.3 bn of credit lines which were due to mature in the next two year into a single syndicated loan. GAGFAH, another German company, came in second with an increase of 33%. Atrium European Real Estate saw its share price rise 29.6% despite reporting a loss of EUR924 mln following devaluations and impairments to its shopping centre portfolio and pipeline.

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