PropertyEU

ING RE's net profits approach zero in first nine months

By A staff reporter 2008-11-13T00:00:00

ING Real Estate has seen its net profits tumble following a sharp devaluation of its investment portfolio. ING RE, a unit of listed Dutch financial group ING, is reporting net profit of EUR 1 mln for the first nine months of 2008, down from EUR 362 mln in the same ...

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