IVG hopes to raise €100m for new Warsaw projects

18 July 2012

The German fund IVG is raising capital from Middle and Far East investors in an effort to acquire two new office projects in Warsaw this year, Maciej Zajdel, head of IVG in Poland, told the daily Puls Biznesu. So far, IVG has been focusing on German and Austrian investors. Investors from the Middle and Far East, or even Canada, could help the company raise €100m for the Warsaw projects it hopes to acquire, reportedly the biggest deals ever made by IVG on the Warsaw property market. The fund recently acquired three office projects in Warsaw: BTC Office Center, N21 and Pałac Młodziejowskiego.

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