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GIC Makes Another Huge Bet On A London Office Campus
News

GIC Makes Another Huge Bet On A London Office Campus

... Kingdom Street currently remain outside the joint venture. On completion, GIC will be granted an unconditional option for a period of ... that this asset will generate resilient long-term returns,” GIC Real Estate Chief Investment Officer Lee Kok Sun said in ...

Apr 25, 2022
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GIC To Drop $16B More On Real Estate After Recent Spending Tear
News

GIC To Drop $16B More On Real Estate After Recent Spending Tear

... as the sector braces itself for a period of uncertainty.  GIC said this week it was increasing its allocation to real ... to other alternative asset classes like private equity and infrastructure.  GIC struck several huge real estate deals around the world in ...

Jul 28, 2022
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GIC Buys Stake In $2.25B CitizenM Hotel Chain Ahead Of Big Expansion
News

GIC Buys Stake In $2.25B CitizenM Hotel Chain Ahead Of Big Expansion

Singaporean sovereign wealth fund GIC has bought a 25% stake in “ ... values the company at €2B ($2.25B). GIC will now be an owner alongside founding shareholders KRC ... night to £206 a night in April. For GIC, the deal continues its strategy of investing in ...

Mar 27, 2019
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Platform 16
News

Boston Properties, GIC, CPP Form Co-Investment Program To Buy U.S. Office Buildings

... investment program with the Canada Pension Plan Investment Board and GIC, the sovereign wealth fund of Singapore, the three entities ... will source operating office buildings to acquire and present GIC and CPP Investments with "exclusive first offers to form ...

Jul 14, 2021
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Worried About Student Accommodation? Singapore's GIC Isn't As It Backs Unite Students For Another 10 Years
News

Worried About Student Accommodation? Singapore's GIC Isn't As It Backs Unite Students For Another 10 Years

Singapore sovereign wealth fund GIC has extended its joint venture ... and fee levels. Unite's relationship with GIC is one of the deepest in the PBSA ... endorsement of our sector-leading operating platform from GIC, a high-calibre investment partner with whom ...

May 04, 2021
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Centerbridge, GIC Make $662M Offer For Industrial REIT Indus Realty
News

Centerbridge, GIC Make $662M Offer For Industrial REIT Indus Realty

Centerbridge Partners and GIC Real Estate have made a bid for industrial property owner ... company’s common stock. The proposal would see Centerbridge and GIC pay cash for the rest of its outstanding shares. Indus ...

Nov 28, 2022
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The U.S.’s seven major data center markets include Atlanta, Chicago, Dallas/Fort Worth, New York Tri-State Region, Northern Virginia, Phoenix and Silicon Valley, according to CBRE.
News

Mount Elbert, GIC and OPTrust Partner To Create $2B Data Center Platform

... funded with an initial $800M of equity, led primarily by GIC, that will ultimately support an estimated $2B in data center ... data center platform and we look forward to expanding with GIC and OPTrust as we work to grow EdgeCore Internet Real ...

Feb 15, 2018
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CPPIB, GIC and Scion JV Invests $1.1B In U.S. Student Housing Portfolio
News

CPPIB, GIC and Scion JV Invests $1.1B In U.S. Student Housing Portfolio

... CPPIB, The Scion Group and Singapore's sovereign-wealth fund, GIC, includes 22 properties purchased from affiliates of Harrison Street Real ... to scale-up quickly our U.S. student housing portfolio," GIC Real Estate Chief Investment Officer Lee Kok Sun said in ...

Jan 03, 2018
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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

GIC and Oak Street, a division of Blue Owl, plan to ... in more than 3,000 properties in the United States.  GIC is the sovereign wealth fund of Singapore, one of the ...

Sep 15, 2022
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Birmingham student housing
News

Birmingham Sale Unlocks £3.3B Student Deal

... acquisition of Student Roost by Singapore sovereign wealth fund GIC and U.S. investor Greystar. The news comes after ... among student housing players in Birmingham because the Greystar-GIC joint venture already has significant holdings in Birmingham. However ...

Dec 20, 2022
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