ING Real Estate Healthcare Makes Huge Profit Selling Half Interest in East Melbourne Hospital For $14 Million.

ING Real Estate Healthcare Fund (IHF) has made $14 million from the sale of a half share freehold interest, in the Epworth Freemasons Private Hospital in Clarendon Street, East Melbourne.

The Epworth Foundation (Epworth), which has been a tenant in the building, has bought the other half, at the buildings December 31 2009 book value.

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