Unlisted property trusts
Australia
ING Real Estate Direct Office Fund has sold its sole asset at 100 Edward Street, Brisbane for A$53.5 million. Investors have received a total return exceeding 50% p.a. over the three life of the Fund.
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ING Real Estate Income Fund is specifically designed for geared long-term wealth creation. Launched in April 2005, the Fund provides investors with exposure to a diversified portfolio of properties with a total book value exceeding A$12 billion.
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ING Retail Property Fund Australia is an unlisted property fund established to invest in retail assets. The fund’s management is committed to maintaining a modern and attractive retail property portfolio to meet the needs of retailers and the community.
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Manuka Terrace (An asset of the ING Retail Fund Australia)