IVG pulls off 5 new sales to meet EUR 1bn disposal target

IVG Immobilien announced on Friday that it has already achieved its target of EUR 1 bn of asset divestments by 2010. The sale target was the second major element of a restructuring programme formulated by IVG at the start of the year. The firm achieved the first crucial aim earlier this year when it reached an agreement with its banks on extending its financing.

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