So the story that was going around a while ago has popped up again. ING REIM could be up for grabs, as the consequences of being too big to fail continue to ripple outwards. ING was bailed out back in 2008, but this appears to have come with strings attached. Reuters is reporting that Morgan Stanley may have been brought on board to carry out the sale, but no one’s talking at the moment. Definitely a story to watch.
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Old news, where have you guys been for the last 12 months?
I’d also be interested to see what the impact of ING RED deciding to abandon all projects outside of core (CEE is not core) markets will have…don’t they own a buch of land around CZ that they were going to do something with?