PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
German Evonik to sell 130,000-home firm after IPO
Essen-based chemicals and mining giant Evonik plans an initial public offering in 2012 and intends to sell its 130,000-unit housing portfolio after 2013 to concentrate on its core business, Chairman Klaus Engel said. Evonik Immobilien holds 60,000 apartments and is being consolidated with the 70,000-unit THS, in which the IG BCE union holds a 50% stake.