March 21, 2007 / 2:07 PM / 12 years ago

ING sells German shopping centre for 100 mln euros

AMSTERDAM, March 21 (Reuters) - ING Bank’s Real Estate Development ING.AS said on Wednesday it had sold a shopping centre in Germany to property fund Encore+ for about 100 million euros ($133.1 million).

The shopping centre Canstatter Carre in Stuttgart comprises 37,000 square metres of lettable area and 730 parking spaces, ING said in a statement.

Encore+ is run by European property fund managers LaSalle Investment Management and Morley Fund Management.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below