IVG Immobilien

IVG Immobilien (formerly known as IndustrieVerwaltungsGesellschaft mbH) is a German real estate company headquartered in Bonn, Germany.

The core business of IVG Immobilien AG is acquisition and management of commercial properties in Germany.

It holds a private portfolio worth around €3.5 billion and is the largest holder of income-producing office properties in Germany.

IVG Institutional Funds focuses primarily on commercial properties in the office, retail and logistics sector in Europe.

By agreement with the state of Lower Saxony, in April 2014, IVG is obliged to restore or removed such contamination.

[10] After Niesslein had unexpectedly not renewed his contract, which expired at the end of October 2011, Wolfgang Schäfer, the former CFO, followed as chief executive officer on November 1, 2011.

[12] In August, the group announced that €350 million would be written off the value of IVG's assets, reducing the share capital by more than half.

On August 11, 2013, major creditor groups agreed to a restructuring plan and to provide a bridge financing, to be initially secured by the assets of the company.

[13] On November 1, 2013, the Amtsgericht Bonn granted the request of the company to initiate protection proceedings under self-administration.

[16] Ralf Jung took over as CEO of the company with effect from 21 September 2014, at which time Hans-Joachim Ziem left the board.

The Squaire (Frankfurt Airport, next to Bundesautobahn 3)