Contribute  :  Calendar  :  Advanced Search  :  Site Statistics  :  Directory  :  Web Resources  :  Polls  
    Real Estate Portal Real Estate Portal News Forum    
 Welcome to Real Estate Portal
 Wednesday, August 12 2020 @ 02:56 am UTC

ING Real Estate Targets Asia

General NewsOn Thursday, ING Real Estate announces its plans to launch 2 property in Asia this year. Growing institutional investor interest in real estate in the region is their main focus to underscore.

"the first fund is a closed-end, US$300 million China fund that will invest mostly in development projects in the mainland. The fund will have a life of five to seven years and will likely be ready to start investing in the second quarter of this year." An ING spokeswoman said Thursday.

"We are considering our options against what would be best for our business and our clients," She declined to provide details for their secound funding.

ING officials at a property seminar organized by the Real Estate Developers' Association of Singapore on Wednesday, they've plan to disclose the plan to launch the 2 funds.

Over US$1 billion worth of assets in Asia and is one of the world's largest property fund managers in terms of assets, that the ING Real Estate, the property arm of the Netherlands' ING Group (ING).

By: Dijon Wainwright

What's Related

Story Options


Trackback URL for this entry:

No trackback comments for this entry.
 Copyright © 2020 Real Estate Portal
 All trademarks and copyrights on this page are owned by their respective owners.
Powered By Real Estate Press  
Real Estate PortalCreated this page in 0.13 seconds