ING Real Estate Investment Management Belgium (ING REIM) has sold all its solitary retail activities in Belgium to Prowinko, an investment company of the Dutch investors Max Vorst and the family Abram.
Prowinko already has a portfolio worth approx. Ã¢âÂ¬ 80 mln. A price for the take over of the 5 objects has not been made public. The buildings are all at A1-loactions in Brussels, Mechelen and Bruges.
The sale fits in the policy of ING REIM to concentrate on shopping centres and logistic real estate and therefore to sell all office buildings and solitary retail buildings.