IVG Development's Savigny 43 in Frankfurt's Westend sold (DE)

The Frankfurt branch of IVG Development, the project development subsidiary of IVG Immobilien AG, has sold the office property project in refurbishment to Robert Zapp Grundstücksverwaltung GmbH & Co. KG, Düsseldorf. It was agreed to keep the purchase price confidential.

BGAG's former Management Board building on Savignystrasse was acquired in 2007 by IVG Development and is currently being modernized. Over 2,000 m² of high-quality, flexible divisible office space will be available at this prestigious location between Mainzer Landstrasse and Bockenheimer Landstrasse.

Source: IVG Immobilien AG

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