ING Real Estate sees losses narrow to EUR 6m in Q3

ING Real Estate saw its pre-tax losses narrow to EUR 6 mln in the third quarter of 2010 compared to a EUR 309 mln pre-tax loss in the same period last year. The real estate arm of banking and insurance group ING booked a loss of EUR 4 mln in the second quarter of 2010. Including the EUR 113 mln loss booked in Q1, total losses for the first nine months came to came EUR 123 mln.

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