News 2006
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Montevideo wins Rotterdam Construction and Quality Award
ING Real Estate, Development, The Netherlands, 22 December 2006
Both Residential Tower Montevideo on the Kop van Zuid and a renovation project Bellamystraat/Aagjedekenstraat in Spangen have won the Rotterdam Construction and Quality award. It is the first time in 16 years two projects are awarded at the same time.
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ING Real Estate acquires Piast Shopping Centre in Szczecin, Poland
ING Real Estate, Investment Management, 21 December 2006
ING Real Estate Investment Management is pleased to announce the acquisition of well established Piast Shopping Centre in Szczecin, Poland, for nearly EUR 41 million.
The Municipality of Amsterdam and OMC have signed a development agreement to realise the Getz project.
ING Real Estate Development, Netherlands, 21 December 2006
On the 14th of December, the Municipality of Amsterdam and OMC (a partnership between ING Real Estate, BAM Vastgoed and Ballast Nedam Ontwikkelingsmaatschappij) have signed a development agreement to realise the Getz project.
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ING Real Estate purchases two shopping centres in Italy
ING Real Estate, Investment Management, 20 December 2006
ING Real Estate Investment Management Italy has successfully completed the purchase of Carrefour Limbiate and Carrefour Siracusa from Carrefour.
ING Real Estate provides Pan-European Secured Facility to AMB
ING Real Estate, Finance, 20 December 2006
ING Real Estate Finance closed a EUR 228 million Pan-European Secured Facility to finance European logistics and industrial properties acquired by regional subsidiaries of AMB Property, L.P.
Nelson Wong joins Hong Kong office of ING Clarion Real Estate Securities
ING Clarion, United States, 14 December 2006
Nelson Wong has joined ING Clarion Real Estate Securities as Senior Vice President and Senior Investment Analyst in the firm's Hong Kong office, it was announced today.
ING Clarion Partners assumes management of a 116 hotel portfolio; creates new hospitality group
ING Clarion, United States, 08 December 2006
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.
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ING Real Estate sells Fronhofer Galeria Bonn to JP Morgan Asset Management
ING Real Estate, Development, Germany, 08 December 2006
ING Real Estate Development Germany is pleased to announce the sale of the Fronhofer Galeria in Bonn - Bad Godesberg to JP Morgan Asset Management.
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Dutch flagship funds semi-open ended as of 2007
ING Real Estate, Investment Management, 08 December 2006
Responding to the increasing preference of investors for liquidity, ING Real Estate's closed-ended Dutch flagship funds will be converted into semi-open ended funds with an infinite life time on January 1, 2007.
ING Real Estate acquired 50 percent of retail property Wars Sawa & Junior in Warsaw
ING Real Estate, Investment Management, Europe, 05 December 2006
ING Real Estate Investment Management is pleased to announce that it agreed to acquire 50 percent of shares in Wars Sawa & Junior, a prime high street retail and office property in Warsaw, Poland.
ING Real Estate Finance Establishes Los Angeles Office
ING Real Estate, Finance, 05 December 2006
Headquartered in New York, the US arm of ING Real Estate Finance has established a second real estate lending office in Los Angeles to better serve its expanding regional and national client base on the west coast.
Start of construction Enschede Eschmarke
ING Real Estate Development, the Netherland, 04 December 2006
On 29 November 2006 the official go-ahead is given for the construction of shopping centre Eschmarke and the apartments situated above. Eschmarke is a new residential area in between Enschede and Glanerbrug. The construction will take approximately 12 months. Expectations are that the shops will open their doors before December 2008.
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