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View Full Version : Singapore's GIC buys stake in London office complex



princess_morbucks
24-12-13, 15:34
http://www.straitstimes.com/breaking-news/money/story/singapores-gic-buys-stake-london-office-complex-deal-worth-over-35b-201312

Singapore investment firm GIC is buying a multibillion dollar stake in a mega-office complex in London's main financial district, adding to its portfolio of prominent properties globally.

It is acquiring private equity firm Blackstone's 50 per cent interest in Broadgate, in a deal said to be worth over £1.7 billion (S$3.5 billion).

http://www.straitstimes.com/sites/straitstimes.com/files/imagecache/story-gallery-featured/20131224/GICmain2412e.jpg
Singapore investment firm GIC is buying a multibillion dollar stake in a mega-office complex in London's main financial district, adding to its portfolio of prominent properties globally. -- PHOTO: GIC PRIVATE LIMITED