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ING Medical Properties Trust to get specialist brand

Thursday, 05 August 2010

Today ING NZ and ANZ announced the new name and brand for ING NZ. The brand will be OnePath and it becomes effective from November 2010.

The two listed property trusts currently managed by ING NZ – ING Property Trust and ING Medical Properties Trust – will not be changing to the OnePath brand but adopting their own independent brands.

This recognises the specialist nature of the Trusts’ investments and operations and the unique requirements that are associated with being listed on the New Zealand stock exchange, the NZX.

The new Trust brands will create a greater alignment between each Trust’s name and their respective objectives and strategy and we look forward to announcing the details shortly.

The Trusts’ management companies will continue to operate within ING NZ and the OnePath brand and form an integral part of the broader ANZ group of companies.

- ENDS -