ING Real Estate has launched its fourth fund targeted at private retail investors in the Netherlands. The ING Real Estate Woningfonds IV CV will invest in a well-diversified portfolio of residential real estate.
The fund will privately place 490 participations at €25,000 each (excluding 3% placement costs). The total fund investment, including all costs, will be €44.8 million. The expected simple return (excluding placement costs) is 8.4% per year on average. The expected lifetime of the fund is 8.5 years.
Source: ING Real Estate