ING Real Estate Investment Management will introduce three new closed real estate funds for institutional investors on the European market. The funds will aim at Central Europe, France/Belgium and Southern Europe.
This has been confirmed by ING Real Estate. It concerns ING Property Fund Central Europe with a size of â⬠600 mln., ING Retail Property Fund France Belgium of â⬠1 bln. and a Southern European Retail Partnership of which the size is not yet known. The latter will exist next to the ING Retail Property Fund Ibérica which completely focusses on the Spanish market. It doesn´t concern so-called ´blind pools´ but funds for which ING Real Estate already has investments.
