Dutch property company ING Real Estate has acquired the Campona shopping centre in Budapest from Compagnie Immobiliere de Belgique for EUR 110 mln. The property is being added to the ING Property Fund Central and Eastern Europe (ING PFCEE), a semi-open ended real estate fund with a target size of EUR 1 bn.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
