ING Real Estate opens office in Bucharest (RO)

ING Real Estate Investment Management has announced the formal opening of its new office in Bucharest, Romania. The opening will be followed by a seminar on real estate investment and development opportunities in Bucharest and Romania.

ING Real Estate has been monitoring the Romanian property market since 2001. In
2006, ING Real Estate Investment Management decided to target Romania for its new
ING Property Fund Central and Eastern Europe. In line with the strategy of the fund,
the Bucharest office will focus on acquiring high-quality office, retail and logistics
properties nationwide.

"We are pleased to strengthen ING Real Estate Investment Management's operations
in Romania with the opening of our new office in Bucharest. I am confident we will
continue to build on our existing experience and expertise, establish closer local
relationships and develop our investment portfolio in the country," Pieter Hendrikse,
CEO of ING Real Estate Investment Management Europe, said.

Source: ING Real Estate

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