ING Real Estate: Office project in Munich acquired from Hochtief
ING Real Estate is acquiring the office project “Altezza� in Munich from Hochtief Projektentwicklung. The property is located on the corner of Barth and Landsberger and possesses 22,000 m² of gross surface area, as well as 283 parking places. The property in question is the fourth German property for ING's European Office Fund and the second transaction that ING has concluded with Hochtief. At the end of 2006, ING had already acquired the office towers WestendDuo in Frankfurt from Hochtief.