German real estate company, IVG, has repaid €450 million of its debt since mid-December 2010, PropertyEU reports. The company raised the funds through the sale of assets. The company repaid about €180 million in April 2011 from the disposal of six caverns to the cavern fund. IVG’s debt-reduction program provides for repayments worth €500 million on 2009’s SynLoan II.
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