Romy Metzger didn’t have much time: the lawyer has only been on board as the provisional insolvency administrator of the major landlord Deutsche Invest Immobilien (DII) for a good two weeks – and since Thursday she has had to try alone to get the Wiesbaden group of companies back on track. And that could be significantly more difficult than previously thought. In the afternoon, the insolvency administrator announced that DII CEO and shareholder Frank Wojtalewicz had been placed on leave from the parent company “with immediate effect.” The reason: During audits during the insolvency proceedings, “irregularities were noticed” and are now being investigated.
Real estate: boss of the insolvent major landlord DII has to go – business
