ING RE buys Italian malls for EUR 229 mln

ING Real Estate Investment Management Italy has completed the purchase of Carrefour Limbiate and Carrefour Siracusa from France's Carrefour. The value of the transaction, which includes all retail floor space except the Carrefour operated hypermarkets, is approximately EUR 229 mln. Both assets have been added to the operational portfolio of the ING Retail Property Partnership Southern Europe.

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