Real Estate

ING Real Estate Community Living Group (ILF)

AustraliaAustralia
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ING Real Estate Community Living Fund

ING Real Estate Community Living Group (ASX code: ILF) is an externally managed ASX listed real estate investment trust that develops, owns and manages a diversified portfolio of senior housing communities. The Fund has total assets under management of $825 million with investments located predominantly throughout Australia and the US.

Strategy

  • We aim to achieve high occupancies by developing and investing in housing communities situated in growth corridors and areas of limited competition.
  • We focus on portfolios with best prospects for long term growth and profitability.
  • In Australia, we have the capabilities to develop, own and operate both rental and DMF senior housing.
  • In the long term, we aim to become a successful owner and operator of senior communities with a geographical focus in Australia.

Key data as at 31 December 2009

ASX codeILF
Number of investments62
Assets under management$825 million
Occupancy84.7%


Click here for ILF's 31 Decmeber 2009 Half Year Results presentation