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Business Description: ING Real Estate Community Living Group (ILF) is an ASX listed real estate investment trust which owns, manages and develops a portfolio of senior housing communities predominantly in Australia and USA. As at 31 December 2010, ILF had total assets under management of $673.2 million. ILF’s portfolio consists of: Australian Seniors Portfolio; US Seniors Portfolio; and New Zealand Students Portfolio.
Strategy Analysis: ILF strategy is to further diversify its asset base through international and domestic acquisitions. The US seniors housing industry remain a significant part of the fund´s offshore strategy due to the size of its population and quality assets. The key objectives for 2009 are to increase occupancy of the Australian rental portfolio, improve operating margins of the US Students portfolio and maintain the performance of both the US Seniors portfolio and the Australian retirement village development activities. While market conditions make the disposal of properties difficult, ILF will look to achieve selective sales in order to reduce the gearing.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...