ING fund to open up German market, eyes distressed debt market

ING Real Estate Investment recently launched EUR 1 bn German Austrian retail fund could open up the German market for investors that have so far found it difficult to get into the market. 'We been approached by a couple of major investors who have been trying to get in to the German market for more than two years, but it's such a closed shop. Now we have people on the ground who know the market and can break down some of the barriers to incoming investment,' said Will Rowson, ING Real Estate's chief investment officer for continental Europe.

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