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Global Real Estate Fund from ING Investment
BANGALORE: ING Investment Management India, with $145 billion in real estate assets management under its international arm, ING Real Estate, launched on Wednesday, its Global Real Estate Fund. This open-ended ‘fund-of-funds’ will enable Indians to invest in real estate security markets overseas, confined to high-value commercial property. The fund will have a 50 per cent exposure to Asia-pacific markets, according to ING Investment Managements’ Managing Director and CEO, Vineet K. Vohra. — Special Correspondent
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