ING RE acquires shopping centre in Belgium

ING RE announced on Monday that it has acquired the Warande shopping centre in Beveren, Belgium for about EUR 38 mln. The Warande project is located in the centre of Beveren, near Antwerp and is a 10,000 m[sup]2[/sup] mixed-use, inner-city project including retail and residential units as well as 269 parking spaces. About two-thirds of the available retail area has been let, and main tenants include Torfs, JBC, Esprit and H&M.

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