The real estate arm of insurance giant AXA is considering making a bid for ING Real Estate Investment Management (ING REIM). Speaking at the Reuters Global Real Estate and Infrastructure Summit in London this week, AXA chief investment officer Dennis Lopez said a bid for ING REIM was being mulled as part of a strategy to grow AXA's real estate business at the expense of ailing peers.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
