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Prologis Makes Play For €21B Urban Logistics Giant
News

Prologis Makes Play For €21B Urban Logistics Giant

... for the deal. That would make a rights issue to fund at least part of the deal likely. In financial results ... morning Kennedy Wilson announced that its European JV with Singaporean sovereign wealth fund GIC has been extended from $1B to $2.5B.  GIC ...

Mar 22, 2022
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Exterior of a Wendy's restaurant location.
News

Wendy's To Open 700 Ghost Kitchens

... equity sources such as SoftBank Vision Fund and a subsidiary of United Arab Emirates sovereign wealth fund Mubadala Investment Co., REEF leases ... the barrier to entry for potential franchisees. The fund will use capital raised from a debt restructuring that ...

Aug 12, 2021
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Investors Acquire REIT Store Capital In $14B Take-Private Deal
News

Investors Acquire REIT Store Capital In $14B Take-Private Deal

... 3,000 properties in the United States.  GIC is the sovereign wealth fund of Singapore, one of the top 10 such funds in ...

Sep 15, 2022
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EXCLUSIVE: Blackstone Sells Huge Resort Where ‘The Bachelorette’ Was Filmed To British Firm For $255M
News

EXCLUSIVE: Blackstone Sells Huge Resort Where ‘The Bachelorette’ Was Filmed To British Firm For $255M

... bought the property for $171M in 2018 from GIC, the sovereign wealth fund of Singapore, in a deal that also netted it the ... Capital and the Kuwait Investment Authority. The company’s first fund raised $3.3B and it now has about $13B in ...

Feb 04, 2022
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office workers
News

American, Singaporean Funds Invest In $1.1B Suburban Office Portfolio

Workspace Property Trust and sovereign wealth fund GIC Pte. Ltd., based in Singapore, will acquire a majority ...

Aug 29, 2022
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£100M Down, £4.4B To Go For Intu Creditors
News

£100M Down, £4.4B To Go For Intu Creditors

... from a joint venture between an Intu subsidiary and Singapore sovereign wealth fund GIC to bondholders who own £485M of securitised debt. The ...

Jul 31, 2022
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Knotel co-founder Amol Sarva.
News

Knotel In Talks For Kuwait-Backed Funding Round Valuing Firm At $1.5B

... per the WSJ — Wafra could be joined by Singapore's sovereign wealth fund, GIC. The interest from foreign countries is not new for ... and half of its funding comes from Saudi Arabia's sovereign wealth fund. Knotel operates offices in its home city of New York ...

May 06, 2019
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ghost kitchen food truck trailer
News

Fireballs, Regulatory Shutdowns And Heavy Losses Plague SoftBank-Backed Ghost Kitchen Operator

... $1.5B from backers such as SoftBank Vision Fund and Mubadala Investment Co., the sovereign wealth fund of the United Arab Emirates. Delays in ...

Nov 29, 2021
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Real Estate Forcefully Pushes Back On SEC's Proposed Emissions Reporting Rules
News

Real Estate Forcefully Pushes Back On SEC's Proposed Emissions Reporting Rules

... of major investors like Norges Bank, the world's largest sovereign wealth fund, which say greater visibility is needed. "For many companies, Scope ...

Jun 27, 2022
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Warehouse, industrial, distribution center
The average height of warehouses and distribution centers has risen nine feet in the past 50 years.
A newer big-box warehouse.
News

EQT Exeter To Sell U.S. Industrial Portfolio For $6.8B

... of the sale.  The portfolio's buyer is an Asian sovereign wealth fund whose name wasn't disclosed, though Exeter also announced that ... will continue to manage the properties on behalf of the fund. Eastdil Secured served as the procuring broker for the ...

Nov 03, 2021
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