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
Germany's Allianz said eyeing Oppenheim's 20% IVG stake at e9 per share
Germany's IVG saw its share price jump by 10% last week on a report that insurer Allianz is to buy the stake owned by Cologne's Oppenheim banking family for e9 per share. A report in the Platow Brief newsletter cited speculation that Allianz would soon buy the Oppenheim family out of its 20%-plus one share stake in IVG. Separately, IVG reported it has brought in proceeds totalling e470m via sale of a number of properties in recent weeks.