Consortium Bids for ING Australian Industrial Fund

Posted on 12/28/2010

The Goodman Group (leads the consortium), Canada Pension Plan Investment Board (CPPIB), All Pensions Group of the Netherlands, and the China Investment Corporation (CIC) have offered to purchase the Australian real estate development fund, ING Industrial Fund.  They offered around $2.6 billion Australian dollars, which includes $1.2 billion Australia dollars in debt. Sovereign wealth funds […]