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| Custodia steps up its stake in Hochtief Real-estate investor Custodia Holding AG has increased its share in Hochtief AG, Germany's biggest builder, from 10.64 to 25.08 percent. Munich-based Custodia is one of the family companies of billionaire August von Finck. It has had relationship with Hochtief for many years. The investor already had a stake in Hochtief (approximately 25 percent) until 1986. At the time, Hochtief, together with Allianz, had acquired the former Löwenbräu sites which were subsequently developed and sold by Monachia. write your comments about the article :: © 2006 Construction News :: home page |