Singaporean sovereign wealth fund GIC is making its first foray into China’s rental housing market by establishing a joint venture with Warburg Pincus-backed rental housing startup Nova. According to a joint announcement today by GIC, Nova and Warburg Pincus, the… Read More>>
GIC, CPPIB Partner with Cortland in $550M US Multifamily Deal
For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>
Vanke Bows to Policy Pressure, Vows to Keep Beijing Project as All Multi-Family
China Vanke is adapting to the central government’s plan to boost the supply of rental housing, after the country’s second largest developer confirmed that it will develop an 83,550 square metre Beijing residential project it purchased last December as a… Read More>>
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