ING Real Estate Development has sold a stake in a Hungarian shopping centre for 100 million Euros to the property arm of Allianz of Germany, the two companies announced on 13th of January. ING is selling 50 percent and retaining the other half of the fully-leased shopping centre “Allee” in Budapest. ING is also remaining responsible for day-to-day management.The centre, which opened last November, has 47,000 square metres of shop space and 7,000 square metres of office space.