ING is to incorporate its Real Estate Investment Management (REIM) unit into its Commercial Banking division, not the Insurance arm as announced last year, the Dutch financial services group revealed at its 2009 earnings presentation on Wednesday. The decision means that the REIM unit will now fall under the Banking division along with the Real Estate Development and Finance activities.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
