IVG Immobilien has acquired the shares held by minority shareholders in its subsidiary IVG Deutschland Immobilien by means of a squeeze-out procedure. Germany's largest listed property company said the successful integration of IVG Deutschland Immobilien, based on a shareholder resolution passed in August last year, would enable it to reduce its administrative work and achieve considerable cost savings.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
