GIC Buys 50% of Broadgate From Blackstone in British Land Tie Up

GIC Pte bought Blackstone Group LP (BX)’s 50 percent stake in London’s Broadgate office complex in the latest overseas acquisition for the Singapore sovereign wealth fund as it seeks stable returns from real estate.

Blackstone to sell London office stake to GIC - report

LONDON (Reuters) - Singapore's sovereign wealth fund GIC (GIC.UL) is in exclusive talks to buy Blackstone Group's (NYS:BX) stake in the Broadgate office and retail complex in London for 1.7 billion pounds, Britain's Times newspaper said.