CIC investee Goodman Group eyes ING Oz REIT fund
Goodman Group, the world's third largest logistics facilities operator in Australia, and 18.2% owned by SWF the China Investment Corporation, has emerged as the most likely buyer of management rights for the A$1.2 billion ($1.07 billion) ASX-listed ING Industrial Fund.
Goodman has confirmed its interests in ING’s property fund, saying that Goodman believes that this would be a prudent expansion of its fund management business. The logistic facilities operator currently...
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