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28 May 2012

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German IVG launches E90m capital increase

Germany's largest listed commercial property company IVG is launching a capital increase to raise around E90m to support restructuring of its debt, particularly the maturity profile, and also to fund a new investment in parking at its The Squaire project at Frankfurt Airport. IVG will issue 12.6m new shares excluding shareholder subscription rights and partially using authorised capital.

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