ING Real Estate Investment Management (REIM) has sold the 14 remaining office properties in its REOFN (Real Estate Office Fund of The Netherlands) fund to an international consortium and a private investor. Thirteen properties were sold to a consortium led by PingProperties while the remaining asset was sold to a private investor. The total proceeds are put at EUR 150-200 mln.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
