PropertyEU: Commercial real estate news | research | rankings | Europe
IC Real Estate merger to create EUR 10b platform
Date: 15 September 2010
Category: Market Watch
Munich-based IC Real Estate Group has merged with PropertyOne, the asset and property manager with an international clientele. The company is in charge of a commercial property portfolio located throughout Germany which is jointly owned by Cerberus. The financial basis of the merger is an in-kind investment in return for an increase in capital. As a result, PropertyOne's shareholders will receive a 7% stake in IC Immobilien Holding.
PropertyDay 16 September 2010
Europe sees highest volume of cross-border activity: JLL
Corporate RE departments play 'critical role' in M&A process: CBRE
IC Real Estate merger to create EUR 10b platform
Unicredit to sell EUR 300m portfolio in Rome
NAMI-AEW Europe buys Eiffage HQ for EUR 29m
Pandox acquires Brussels hotel for EUR 29m
Castellum sells two properties for EUR 17m
Herald completes letting of Serravalle Retail Park
More articles in this category (Market Watch)
Archive of newsletters