REAL ESTATE

Successful closing of the ING Property Fund Central and Eastern Europe

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January 8, 2007, ING Real Estate, Investment Management

ING Real Estate Investment Management (ING REIM) is pleased to announce the closing of the ING Property Fund Central and Eastern Europe, an unlisted investment vehicle with an infinite lifetime, targeted investment volume of EUR 1 billion, and an internal rate of return between 10% and 11%.

Read more detailed information in the attached press release.