PropertyEU

ABP, ING RE agree EUR 1.6 bn Dutch office deal

By A staff reporter 2008-01-07T00:00:00

Pension fund ABP has agreed to transfer its wholly owned non-listed office fund KFN worth some EUR 1.6 bn to ING Real Estate. The two Dutch companies said in a joint statement on Monday that the deal is 'the largest real estate transaction ever in the Netherlands'.

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