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GIC chief executive Lim Chow Kiat

GIC JV Buying Two US Hotels for $96M

2024/12/12 by Christopher Caillavet Leave a Comment

A joint venture of Singapore sovereign giant GIC and a NYSE-listed REIT has agreed to acquire a pair of US hotels for $96 million.

The two-asset portfolio consists of the 250-key Hampton Inn Boston Logan Airport in the Massachusetts capital… Read More>>

GIC CEO Lim Chow Kiat

Singapore’s GIC, NYSE-Listed Summit Hotels Acquire Four US Hospitality Assets for $249M

2019/10/10 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund GIC has agreed to acquire four hotels along the west coast of the US for $249 million through a recently formed joint venture with Summit Hotel Properties, according to an announcement by the New York Stock… Read More>>

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