RPT will contribute five properties, valued at US$244 million ($331.8 million), to the JV named RPT-GIC Venture (RGV).
(Dec 11): GIC, the sovereign wealth fund of Singapore, has formed a joint venture partnership with RPT Realty (RPT).
Listed on the New York Stock Exchange, RPT is a real estate investment trust that owns and operates a national portfolio of open-air shopping destinations located in top US markets.
