Australian Co lend lease eyeing retail property fund

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Australian company Lend Lease Corp Ltd (ASX:LLC) says it eyeing the unlisted ING Retail Property Fund as part of a continuing review of potential asset acquisitions.

"Currently this includes a potential acquisition of the ING Retail Property Fund," it said on Friday in a statement. "Lend Lease´s involvement in the competitive process for the acquisition of the ING Retail Property Fund may or may not lead to a transaction."

Lend Lease stapled securities were down six cents to $9.35 at 1041 AEDT.

Source: Asia Pulse