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- December 1, 2011: Vol. 5, Number 11

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Treveria Appoints IC to Manage German Real Estate Portfolio

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Frankfurt-based Treveria Asset Management GmbH, the German affiliate of UK investor Treveria, has commissioned IC Property Management GmbH, a group company of IC Immobilien Gruppe, to take over the management of its German real estate portfolio comprising 370 properties.

The retail properties, which have a combined rental space of approximately 1 million square metres, are predominantly located in medium-sized towns in the west of Germany. The overall value of the properties, the majority of which are found in High Street locations, is currently estimated to be around €1.4 billion.

 

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