Issue 2011 February 22nd

This issue was created on 2011-02-22 10:04:00

  • ING REIM snaps up Stockholm mallFebruary 22, 2011
Within a week of confirmation that ING Real Estate Investment Management (ING REIM) is to be bought by CBRE Investors in a USD940m deal, ING REIM has completed the first acquisition on behalf of its European Shopping Centre Fund (ESCF). The global property fund manager purchased Tyresö Centrum, Stockholm, Sweden for euro82m, reflecting an initial yield of 6.2% and the vendor was Unibail Rodamco.
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