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GIC
GIC appoints Lim Chow Kiat as new CEO from 2017
SINGAPORE (Nov 21): GIC has appointed Lim Chow Kiat as its new chief executive officer with effect from January. Lim is GIC’s current deputy group president and group chief investment officer.
November 21, 2016
GIC acquires P3 from TPG Real Estate and Ivanhoé Cambridge for $3.7 bil
SINGAPORE (Nov 7): P3 Logistic Parks, the pan-European owner, developer and manager of logistics properties, announced today that GIC, Singapore’s sovereign wealth fund, has signed a definitive agreement to acquire P3 from TPG Real Estate and its partne
November 07, 2016
Broker's Calls
Could there be some truth to news of GLP’s takeover talks?
SINGAPORE (Nov 3): JP Morgan has rated Global Logistic Properties (GLP) at “overweight”, meaning it expects the stock to outperform the average total return of the stocks under its coverage. It has also given the US$6 billion ($8.3 billion) owner of i
November 03, 2016
Global Logistic Properties denies being in takeover talks with investor group
SINGAPORE (Nov 2): Global Logistic Properties (GLP) says it is not in discussions with an investor group that includes China’s sovereign wealth fund, China Investment Corp (CIC).
November 02, 2016
CIC group said to mull bid for US$6 bil property owner GLP
(Nov 2): Global Logistic Properties, the US$6 billion ($8.3 billion) owner of industrial property, has attracted takeover interest from an investor group that includes China’s sovereign fund, people with knowledge of the matter said.
November 02, 2016
GIC, Mega Manunggal to spend $1 bil on Indonesian warehouse
(Oct 20): Singapore sovereign wealth fund GIC and Indonesian warehouse provider PT Mega Manunggal Property are spending a total of $1 billion over the next three years in Southeast Asia’s biggest economy.
October 20, 2016
Blackstone, GIC said to be shortlisted for DLF’s rental assets
(Oct 14): Blackstone Group LP and Singapore sovereign fund GIC were shortlisted to purchase a 40% stake in the rental property arm of DLF, India’s largest listed developer, people with knowledge of the matter said.
October 14, 2016
In print this week
Here’s another healthcare stock coming to SGX
SINGAPORE (Oct 6): Fullerton Healthcare Corp has lodged its draft listing prospectus on Sept 28, indicating its intention to sell 140.3 million shares, excluding the overallotment option, at an “indicative” price of $1.73 a share.
October 07, 2016
GIC partners GSA to expand German student dorm portfolio
SINGAPORE (Oct 4): Singapore’s sovereign wealth fund GIC is partnering with Global Student Accommodation Group (GSA) to push into the German student accommodation market using a portfolio of close to 1,000 student beds, which GSA acquired in June as the
October 04, 2016
GIC partners GSA to acquire UK student dorm portfolio from Oaktree
SINGAPORE (Sept 29): GIC, Singapore’s sovereign wealth fund, is partnering GSA, the global student accommodation leader, to acquire a 7,150-bed UK student accommodation portfolio from funds managed by Oaktree Capital Management, L.P.
September 29, 2016