AGIV Real Estate is fighting
a noble battle. Formerly invested in such varied sectors as machinery,
energy, and transportation, the company turned its sights towards real
estate pursuits. AGIV Real Estate, prior to its 2004 bankruptcy filing,
had interests in real property holdings, real estate development, and
management. It sold its majority-owned subsidiary Deutsche Real Estate
to a division of Goldman Sachs. The company is embroiled in shareholder
struggles but remains in administration. It remains to be seen which
AGIV Real Estate will take to regain its former glory.
Christian Bock, Böttgerstr.