Germany's IVG Development has sold the Europa Europark Fichtenhain B project development in the Western German city of Krefeld for an undisclosed amount. The property will consist of a four-storey office and administration building connected to a facility for production, service, and shipping of goods. The buyer is a private investor, IVG said in a statement released on Tuesday. Transfer of ownership will take place in the fourth quarter of 2008.
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