ING Real Estate Community Living Group (ILF)

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 code | ILF |
|---|---|
| Number of investments | 62 |
| Assets under management | $825 million |
| Occupancy | 84.7% |
Click here for ILF's 31 Decmeber 2009 Half Year Results presentation

Australia