IVG Institutional Funds has secured some EUR 20 mln funding on behalf of the special real estate fund EPFUND from ING Real Estate Finance.

IVG Institutional Funds has secured some EUR 20 mln funding on behalf of the special real estate fund EPFUND from ING Real Estate Finance.

The funding was used to acquire a 10,600 m2 office/school building in The Hague, the Netherlands among others.

The six-story property also known as the 'Mondriaan' is leased to ROC Mondriaan, a large educational group aimed at vocational training, with a long remaining lease term.

ING REF acted as Sole Arranger and Sole Hedge Provider on these transactions.