ING Real Estate Investment Management has an established Asia platform with 131 staff in 6 offices managing $4.8 billion in assets under management. They have a long history operating in Asia since 1996 and have expanded their footprint across Greater China, South Korea, Singapore, Taiwan and Japan. They offer both fund and separate account products across the risk spectrum from core to opportunistic real estate investments. Their portfolio includes office, residential, retail and other properties. They have a focus on environmental sustainability across their global and regional portfolios.

1. June 2010
ING Real Estate
Investment Management
Richard Price
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2. I. Overview Asia Platform
ING REIM Asia Regional Footprint
Industry Leading Investment 131 staff in 6 offices, USD 4.8 billion in AuM
Platform:
Local Presence
Founding Member
ING Real Estate professionals on the
ground provide direct access to local real Tokyo
estate markets and information flows Shanghai
(44)
(20)
Local Expertise
Tokyo
ING’s local knowledge of Asia’s business Seoul
environment and regulations ensures we Korea
can anticipate and react quickly to Shanghai (13)
changes in market dynamics
Taipei
Local Management Hong Kong Taiwan
Hong Kong (5)
ING has experienced local nationals in (28)
senior management positions located
throughout Asia
Best-in-Class
Singapore
Tapping ING’s global expertise, Singapore
international best practises are applied to (21)
each of the regional and domestic
organisations
Note: Date as of 30 April 2010.
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3. Key Milestones
Over 14 years hands-on experience in Asia
Opening of the 1st office in Asia - Opening of rep. office in Bangkok Opening of regional headquarter in Hong Kong
Beijing, China
Opening of Seoul office
Acquisition of
Opening of Singapore office Rodamco Asia Opening of Taiwan office
N.V.
Opening of Shanghai Acquisition of Opening of Tokyo office
office Barings
Take-over of US$995 M New City Asia
Capital
Partners.
Partners
Renamed Phoenix Real Estate Fund
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Launch of ING Korea Property Investments Fund
Launch of China Opportunity Fund I
Launch of I.P. Fund, Launch of Asia Retail Fund
a joint venture with Singapore’s
Launch of Asia Value Fund
CapitaLand
Launch of China Opportunity Fund II
Take-over of US$1.1 B Creed Real Estate Partners.
Renamed Nozomi Real Estate Fund
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4. Product Offering & Strategy
Opportunistic
Value-Add
Core
Plus
Core
Return
Asia Value Fund China Opp. Fund II
Nozomi RE Fund Phoenix RE Fund
Asia Retail Fund China Opp. Fund I
Korea Property Investments IP Property Fund
Separate Accounts
Risk
Fund Status: Closed Funds Funds open for investment Liquidated Funds
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5. Greater China Investment Footprint
ING REIM Asia is currently managing GAV in excess of US$1.4 B across Greater China
Beijing
- Maple Place
- Richmond Park Shanghai
- Xinhe Cheng - Qingpu Longfor
Investments by sector1:: - Mall 818
Investments by sector1 Gansu - Waigaoqiao Logistics Centre
Office:
Office: 5
5 - Hongkou Forte
Jiangsu Province - Shanghai Racquet Club
Residential: 17 - Suzhou Industrial Park - Somerset Grand Shanghai
Residential: 17 - Kunshan Huaqiao project - Songjiang
Retail:
Retail: 3
3 - Shanghai Central Plaza
Chongqing - Shanghai-Nanjing Expressway
Others:
Others: 6
6 - The Special River
Wuhan
TOTAL
TOTAL 31
31 Chengdu - Gemdale Int’l Taiwan
- 3,000 Castles Garden - Taichung Mall
- Century View Changsha - Minsheng Hospital Building
- Raycom 30,000FT - Home Gallery
- La Villa - Aegon Building
- United Technology Building
Projects under management
Hong Kong
Foshan
- Argyle Street
Projects Sold - Kow Loon Jade
- Kwun Tong View
- South Bay
1. As of 31 March 2010 - Harcourt House
- Niche Centre
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6. “Smart and Sustainable Initiatives”
Asia:
LEED Gold certification for our largest investment in Seoul – the first in
Korea.
2 of our funds came in 3rd and 6th in the top 10 of PE real estate fund
leaders in sustainable investment in Asia in a global survey.
Europe:
ING REIM Europe is working on a pilot project to rate and benchmark its
portfolio: Green Rating together with GE, AXA and AEW.
ING has contributed 30 buildings from 12 different funds to the and the
ING RE European Office Fund is surveying all of its properties.
ING REIM Netherlands won the European Commission’s Green Light Award
2010.
Global:
ING REIM global sustainability platform,

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