REAL ESTATE

ING Clarion Partners assumes management of a 116 hotel portfolio; creates new hospitality group

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December 8, 2006, ING Clarion, United States

On 7 December, ING Clarion announced that it has assumed management responsibility for a Courtyard by Marriott hotel portfolio consisting of 116 properties located in 29 states, with a gross value of $1.7 billion.

Read more detailed information in the attached press release.