asx announcement ing industrial fund iif 24 august 2005 1 9ing commences expansion into europe to be funded via institutional placement and announces annual results management limited the responsible entity of or is pleased announce has entered an agreement acquire four properties in germany for 96 2 million a 155 0 after transaction costs being acquired are well located quality modern distribution centres that 100 leased portfolio on initial yield 9 3 post acquisition 8 7 currently owned by entities controlled fiege group substantial privately german logistics provider two back remaining organisations will combination equity euro dollar 93 denominated debt bookbuild undertaken ubs ag australia branch jp morgan new units issued allotted 31 rank equally with existing
