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28 May 2012

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Goodman, CIC, CPP, APG acquire E1.6bn ING fund

Shareholders in the E1.55bn ING Industrial Fund have approved its sale to a consortium comprising the Australia-based Goodman Group, Canada Pension Plan Investment Board, Dutch-based APG pension fund and the China Investment Corporation. The ING Fund portfolio consists of 61 industrial properties totalling 509,089 sq.m. in managed GLA.

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