IVG, Germany's largest listed real estate company, has issued and fully placed its first specialised real estate fund for sustainable buildings IVG Premium Green Fund. The fund will invest a total of approximately EUR 300 mln in four new or modernizedand sustainable office properties which are being developed by IVG in Berlin, Bonn, Frankfurt and Munich.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
