PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Four units of Germany's Vivacon file for insolvency, threatening group
Four subsidiaries of Cologne-based listed property group Vivacon have filed for insolvency due to a liquidity gap resulting from high vacancy rates of their real estate assets due to their location, the company said. The group itself is also at a high risk of insolvency at the end of this quarter if debt is unable to be prolonged with creditor banks.