April 25, 2024

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IVG

Gerhard Niesslein Becomes CEO of Orascom Development Holding

The Swiss-based town developer appoints Austrian Gerhard Niesslein as new CEO of the Group. Samih Sawiris remains Executive Chairman focusing on the firm's strategic development.

German IVG is also Active in Austria Now

IVG Immobilien AG (IVG), the largest German real estate fund company, acquired the Austrian Hypo Real Invest in January 2011, changing its name to IVG Austria AG, with headquarters in Vienna.