PropertyEU

ING RE books EUR 151m impairment on development pipeline

By A staff reporter 2010-05-14T00:00:00

ING Real Estate booked EUR 151 mln in impairments in the first quarter of 2010, largely on its development pipeline. As a result, ING Bank saw its operational costs increase by ING Bank. In the year-earlier period, the figure came to EUR 22 mln.

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Register today

Registration also includes access to IPE

Gated access promo

Five reasons to register today

  1. Access IPE Real Assets articles
  2. Daily news alerts and updates
  3. Track what the world’s leading institutional investors are doing
  4. Learn about the latest industry research and market analysis
  5. Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive
SEE HOW IPE REAL ASSETS CAN HELP YOUR business