We describe and discuss the optical and FIR properties of a sample of
infrared luminous galaxies. The details of a subsample of eight object
s as well as the optical identification of all 99 sources are given in
two previous papers. Here we present the redshift and luminosity dist
ributions and derive temperature and mass range of the IR emitting dus
t. Furthermore a summary of the optical line characteristics and spati
al extent of line emission is given. Our analysis of the morphological
peculiarities and the spectroscopic data strongly argue for interacti
on as the most likely trigger mechanism of the enhanced activity. Star
bursts are the most general heating source and excitation scenario for
our sample. We have found four new ultra-luminous IR galaxies in our
survey and discuss their stage within the evolutionary scenario from s
tarburst galaxies to quasars.