GIC

New Silkroutes Group makes foray into real-estate investment with new joint venture

SINGAPORE (March 1): New Silkroutes Group (NSG) is venturing into the real-estate investment space with the launch of a new joint venture, SilkrouteAsia Asset Management.
Terrell Place

GIC announces joint acquisitions of $1.05 bil Washington DC office portfolio

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega

GIC and UK developer of student dorm acquire 3,067-bed student village for $403 mil

(Feb 10): Unite Students, the UK manager and developer of student accommodation, and GIC, Singapore’s sovereign wealth fund, have acquired Aston Student Village for £227 million ($403 million) in a 50:50 joint venture.

GIC said to hit government snag in Vietnam deal

SINGAPORE (Jan 17): Singapore sovereign fund GIC has hit a snag as it seeks government approval for its planned investment in Bank for Foreign Trade of Vietnam JSC, the nation’s biggest lender by market value, people with knowledge of the matter said.

Warburg said to be forming consortium to bid for Singapore’s GLP

SINGAPORE/HONG KONG (Jan 11): Warburg Pincus is forming a consortium to bid for Global Logistic Properties, the Singapore-based warehouse operator, according to people with knowledge of the matter.

Chinese investors buy stake in mapping firm HERE

FRANKFURT (Dec 27): Chinese mapping firm NavInfo, internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10% stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe.

British Land said to weigh shopping mall at London’s Broadgate

(Dec 9): British Land Co. and GIC, Singapore’s sovereign wealth fund, are considering developing a shopping mall at London’s Broadgate office complex as they seek to become less dependent on financial services tenants, according to two people familiar
Epicentrum XXI in Jakarta

GIC invests $370 mil in Indonesia cinema operator

SINGAPORE (Dec 5): Singapore sovereign wealth fund GIC has announced it is investing 3.5 trillion Indonesian rupiah ($370 million) in Indonesia cinema operator PT Nusantara Sejahtera Raya (NSR).

Singapore’s GIC hires big data expert in quant strategy push

SINGAPORE (Nov 28): GIC has hired a big data expert as it expands computer-driven investments through a quantitative group started earlier this year.
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