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CBRE in talks to buy ING’s real estate unit for 1-bln euro

Posted on 17 January 2011

From Indiatimes.com: CB Richard Ellis, the US-listed property services firm, has emerged as favourite to acquire the majority of ING’s real estate group in deal worth one billion euro (USD 1.35 billion) to create the world’s largest property funds business, says a media report.
CBRE Investors manages direct real estate investments for separate accounts and closed-end vehicles as well as real estate debt and real estate-related debt securities across 20 offices in North America, Europe, Asia, including India, Australia and the Middle East……………………………………….Full Article: Source


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