Singapore’s lust for European real estate assets opens a new chapter this week with news that the city-state’s sovereign wealth fund has spent more than half of a billion dollars to buy an office building in the City of Love…. Read More>>
GIC is acquiring a minority stake in Provenance Land, the developer of India’s first Four Seasons hotel, according to a statement on August 22nd by the Singaporean sovereign wealth fund.
Sources familiar with the deal, as cited in India’s Economic… Read More>>
In its fourth major Indian deal in less than a year, Singapore’s GIC is set to purchase up to 50 percent of Mumbai-based developer Provenance Land for 10 billion rupees ($147 million), according to a report in the Economic Times.
India continues to be a hub of activity for US private equity real estate investors, with reports emerging today that Blackstone is set to invest another $1.3 billion in a set of Mumbai office assets. Also in the news, Brookfield… Read More>>