«In Milan IVG has let 3.100 sqm in an office building of one of its institutional funds to the publishing house Gruner & Jahr. The contract has a duration until the end of August 2019 – a renewal for further 6 years has been announced. The modernized building is located in Via Battistotti Sassi, only few minutes away by car from City Airport Linate and from City Center (Duomo Square). The new letting has been acquired by the international acting real estate consultancy Savills.
IVG Immobilien AG is one of the major real estate companies in Europe. The company manages assets worth € 22.7 bn and is located with approx. 650 employees in 18 selected major German and European cities. Via this network of local branches, IVG manages inter alia on balance properties with a market value of € 4.5 bn. In northern Germany IVG constructs and operates underground storage caverns for oil and gas. In the fund segment IVG is the leading provider of tailored property funds for institutional investors. In combination with the closed-end funds for private investors, IVG manages funds and mandates amounting to a volume of € 15.9 bn» (CS della Società)
