In its biggest ever combined launch of real estate funds, ING REIM introduced €4.25 billion in new real estate vehicles including for the first time an infrastructure offering. The announcement was made at a press briefing, organised in ING REIM's London office last Tuesday. This briefing was attended by keynote journalists from major European trade magazines and financial dailies.
David Blight kicked off the briefing by outlining ING REIM's view of the global real estate investment markets. Ian Whittock followed him by elaborating on the investment rationale behind the different funds and by explaining the global and European real estate markets. Pieter Hendrikse then followed with an overview of the combined continental European real estate funds launch. Finally, Robert Houston concluded the press briefing with his overview of the UK fund launches.
ING REIM's new funds are:
ING Real Estate Nordic Property Fund. Targeted portfolio size: €1.0 billion
ING Property Fund Central and Eastern Europe. Targeted portfolio size: €1.0 billion
ING Real Estate French Residential Property Fund. Targeted portfolio size: €0.5 billion
ING Infrastructure Fund. Targeted portfolio size: €1.0 billion
ING Healthcare Property Fund. Targeted portfolio size: €0.75 billion
Source: ING Real Estate Investment Management