Vivico Real Estate and Feuring group launch joint venture
Feuring and the real estate company Vivico are pooling their know-how and manpower for projects in the German-speaking countries. The newly founded Viador GmbH will provide services and advice to hotel projects. As a first step, the company will be active in a number of Vivico projects; at a later stage, it wants to include other developments in the German-speaking countries – independent of the Vivico portfolio.
“The joint venture is very important to us, as we can operate faster and more efficiently with a financially strong partner such as Vivico at our side”, Berno-H. Feuring, founder of the Feuring Group, emphasises.
Vivico has a 70% and Feuring a 30% share in the company.