History
Milestones
2009
ING Real Estate Investment Management, wins the Global Pensions Property Manager of the Year 2009 award. The awards are presented annually by industry publication Global Pensions magazine.
2008
ING Real Estate Investment Management expanded into South America and opened a new office in São Paulo. Activities focus on the four main real estate ‘food groups’ of housing, industrial, retail and office.
Pension fund ABP and ING Real Estate entered into a real estate transaction with KFN, a Dutch non-listed real estate investment trust, wholly-owned by ABP. KFN owns a portfolio of approximately EUR 1.6bn comprising some 600,000m² of prime office properties, located across the Netherlands.
2007
ING Real Estate Investment Management acquires three AZL real estate funds: AZL Vastgoed Woningen N.V., AZL Vastgoed Kantoren N.V. and AZL Vastgoed Winkels N.V. The assets of the three funds total EUR 880 million.
ING Clarion Partners acquire Apple Two, a US$900 million publicly traded hospitality REIT.
2006
ING Real Estate Investment Management launches its global Multi-Manager business, providing investors access to a wide range of real estate funds and managers.
2005
ING Real Estate Investment Management acquires:
- Gables Residential Trust (USA), a US$3.0 billion publicly traded apartment REIT
- The Abbey National Portfolio (UK), a £1.3 billion diversified commercial portfolio
- Coop Norden (Sweden), a €450 million retail portfolio
2002
ING Clarion Partners and ING Group acquire the Trammell Crow Industrial Trust, a $1.5 billion private REIT.
1998
ING Group acquires Clarion Partners, a major US private equity real estate investment manager and Clarion <CRA> Securities, a leading public Real Estate Investment Trust (REIT) advisor. ING Real Estate Investment Management opens its Singapore office.
1996
Acquisition of a majority stake in Baring, Houston & Saunders, the UK real estate investment management arm of Barings Bank, which ING Group acquired in 1995. Baring, Houston & Saunders became fully owned in 2001.
ING Real Estate Investment Management opens its first Asian office in Beijing (China)
1995
ING Real Estate is created as a result of a merger between two major, long-established Dutch real estate entities: the property arm of life insurer Nationale-Nederlanden and MBO, the real estate development subsidiary of NMB Postbank.