PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Corporate raider Schneidewind breaches 5% threshold of Germany's IVG
The shareholder group that seems to be building a stake in Germany's largest commercial property company, the listed IVG Immobilien in Bonn, has boosted its stake again, albeit at a very low level compared to the senior shareholder Sal. Oppenheim bank with just over 20% of equity. Klaus-Peter Schneidewind informed IVG on 23 February that he had boosted his stake to 5.17%, thus breaching the 5% threshold required for reporting. He holds voting rights up to 0.86% directly and more than 3% via the Grand Caymans Blacksmith Fund