GIC

China Focus

GIC an investor in China e-commerce platform Meituan-Dianping’s US$4 bil round financing

SINGAPORE (Oct 20): GIC, Singapore’s sovereign wealth fund, is investing in Meituan-Dianping as part of its latest US$4 billion ($5.4 billion) financing round led by existing investor Tencent.

GIC invests in Japan Renewable Energy Corporation

SINGAPORE (Oct 20): GIC, Singapore’s sovereign wealth fund, is investing in Japan Renewable Energy Corporation (JRE).

Global Markets

US$9.1 bil Korean fund eyes Europe student housing

SEOUL (Sept 29): Student housing in Europe and Australian infrastructure are luring global funds out of their comfort zone, as a South Korean manager of local government employee savings joins peers around the world getting creative overseas in search of

Property

GIC partners India developer to acquire land for US$94 mil

SINGAPORE (Sept 27): Affiliates of GIC have entered into a 50-50 joint venture (JV) shareholding with Indian real estate developer K Raheja Corp Group (KRC), to acquire a 3-acre land parcel in Mumbai, India, from Siemens for approximately US$94 million ($

Property

GIC acquiring 51% stake in Sheraton Grande Tokyo Bay Hotel for $612 mil

SINGAPORE (Sept 21): GIC, Singapore’s sovereign wealth fund, is entering into a joint venture with Invincible Investment Corporation, a public hotel and residential J-REIT, to acquire Sheraton Grande Tokyo Bay Hotel for JPY100 billion ($1.2 billion), wi

IPO

GIC, Temasek unit said to be among anchor buyers of SBI Life's IPO in India

SINGAPORE (Sept 20): SBI Life Insurance, a joint venture between State Bank of India and BNP Paribas Cardiff, is said to have received strong initial responses to the launch of its initial public offering (IPO) today.

GIC invests in Federated Wireless, the US firm behind the first spectrum controller

SINGAPORE (Sept 14): GIC, Singapore’s sovereign wealth fund, has committed an undisclosed sum of investment for US technology provider Federated Wireless in its latest fundraising round.

Property

GIC in JV with DLF to develop office and retail assets in India with enterprise value of $7.6 bil

NEW DELHI/SINGAPORE (Aug 27): DLF, one of India’s leading property developers, and GIC, Singapore’s sovereign wealth fund, have entered into a joint venture to develop a portfolio of rent yielding portfolio of office and retail assets under DLF Cyber

Ascendas-Singbridge and GIC acquire 16-acre site in Pune

INDIA/SINGAPORE (Aug 23): Ascendas-Singbridge Group, the urban development and business space solutions provider, and GIC, Singapore’s sovereign wealth fund, has acquired a 16-acre land parcel in Pune, India.

China's HNA boosts Dufry stake, pursues CWT purchase plan

(Aug 21): Chinese conglomerate HNA Group has completed the acquisition of a 16.2% stake in Swiss airport retailer Dufry AG from Singaporean sovereign funds GIC and Temasek, Dufry and HNA said on Monday.
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