NETHERLANDS - An agreement has been reached between the largest Dutch residential fund, Vesteda, pension fund giant ABP and investment house ING Real Estate regarding ING bagging a 25% stake (EUR725m) in Vesteda.
Currently Heerlen-based ABP is the only shareholder in Vesteda - specialists in the development of high-priced dwellings. The transaction is expected to take place this year. In future ABP aims to...
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