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Press Releases from ING Real Estate (2 total)

direct/ ING Real Estate (NL) - ZLOTE TARASY CENTRE OPENS 1ST QUARTER 2007

ING Real Estate announced today that Zlote Tarasy Sp.z.o.o., its affiliate that is developing the Zlote Tarasy Centre in Warsaw (Poland), has had to decide to postpone the opening of the Zlote Tarasy centre. The opening is now planned in the first quarter of 2007 instead of November 2006. Zlote Tarasy Sp.z.o.o. decided to postpone because the contractor, Skanska, has not honoured its contractual obligations to have the centre ready

direct/ ING Real Estate (NL) - ING Real Estate Canada Trust to make public offer …

Highlights - Summit is Canada´s largest industrial property owner with over 300 properties - Offer of CAD 30 per unit reflects an 18% premium to the closing price of 30 August 2006 and values Summit at CAD 2.2 billion (EUR 1.5 billion) - Total transaction value is CAD 3.4 billion (EUR 2.4 billion) including assumed debt - Summit Board unanimously recommends offer to unit holders - Summit to be delisted