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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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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.