KEY POINTS:
Listed property investor ING Property Trust has secured a $200m extension to its current banking facility.
The trust now has a limit of $600m with ANZ National Bank.
The move would provide the trust with enough flexibility to capitalise on potential opportunities as they arose, ING said.
Meanwhile, the trust also announced the purchase of two industrial properties in Christchurch for a total of $24m.
Shares in INGPT fell 2c late yesterday to 99c.
- NZPA
