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Singaporean fund backs "affordable luxury" chain's expansion
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GIC and British Land have teamed up for a second time on a 75% stake in west London's Paddington Central scheme.
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GIC has bought a lot of property of late and is putting even more into real estate.
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The most widespread climate change risk, impacting 89% of analyzed properties, is extreme heat, followed by drought and tropical cyclones.
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Chancerygate has ramped up its industrial expansion after acquiring a 17-unit portfolio from LGIM as it also continues to develop new space.
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The REIT and the sovereign wealth fund are partnering on build-to-suit development, starting with a portfolio of logistics properties in Mexico.
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A €500M-plus deal for Henderson Park's Horizon site is set to be the prelude to a huge quarter for the industrial and logistics sector in Ireland.
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The pair is targeting build-to-suit projects and has already built a 4.1M SF portfolio. GIC made a similar $1.5B deal with Realty Income Corp. in January.
Tracy Stroh exits GIC, marking a significant leadership change in European real estate.
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GIC and Orange Capital Partners are in talks with investors for their €4B partnership, aiming for a €10B expansion.
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