IVG AG, Bonn, Germany
IVG is a leading real estate corporation with a real estate portfolio located mostly in Germany, Belgium and France.
Asticus AB, Göteborg, Sweden
Asticus AB was founded in the wake of the real estate crisis in Sweden at the beginning of the 1990s to handle real estate outside Scandinavia, for example in Brussels, Paris and London.
IVG AG acquired nearly 100 percent of the Asticus AB shares and integrated them fully following a delisting on the Stockholm Stock Exchange. The acquired real estate portfolio complemented the existing IVG AG portfolio and paved the way to IVG AG's internationalization.