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IVG Immobilien AG Zanderstraße 5-7 53177 Bonn, Germany https://www.ivg.de
Contact Mr Jürgen Herres +49 228 844133
Company logo of IVG Immobilien AG
IVG Immobilien AG

IVG secures long-term refinancing for THE SQUAIRE - sale process terminated

(PresseBox) (Bonn, )
.
- Landmark property remains company's portfolio
- Loan volume of around €470 million restructured
- Refinancing terms ensure earnings contribution in double-digit millions
- CEO Ralf Jung: "Commercial viability well above portfolio's average"

In partnership with Bank of America Merrill Lynch, IVG Immobilien AG has concluded full refinancing for its reference property THE SQUAIRE at Frankfurt Airport. The new loan has a total volume of around €470 million and a term of 5 years. Bank of America Merrill Lynch is acting as the sole contractual partner.

The sale process for THE SQUAIRE initiated in parallel with the refinancing negotiations has been terminated. "The
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