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Home arrow Real Estate News arrow General News arrow Canadian Real Estate Trust is offered $3 billion by ING
Canadian Real Estate Trust is offered $3 billion by ING Print E-mail
Friday, 01 September 2006
AMSTERDAM, NETHERLANDS -- $2 billion in cash was nearly offered to Canada’s Summit Real Estate.

Dutch banking and insurance company ING Groep NV will also assume aboutj $ 1 billion worth of debt for the said real estate.  The deal is worth $3.4 billion. 

This should close in October, according to ING and Real Estate Canada Trust.


-joshdi16-

 
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