Showing posts with label GIC Pte. Show all posts
Showing posts with label GIC Pte. Show all posts

Saturday, May 9, 2015

Hutchison agrees £2.8bn deal to fund O2 takeover


Hutchison Whampoa will sell a one-third stake in its plan to merge Three and O2 for £2.8bn to five investors to help fund its boldest bet in Europe yet.

Monday, November 10, 2014

The wealth funds clinching the most deals are ...

Singapore's Temasek and GIC were the most active sovereign wealth funds last year, chasing investments even as deal-making by their peers, especially China, dropped sharply, according to a new report.

Thursday, November 6, 2014

GIC’s Blackstone Warehouse Pursuit Signals Appetite for Property

GIC Pte’s planned purchase of Blackstone Group LP’s U.S. industrial property company signals the Singapore sovereign wealth fund’s appetite for real estate as investments by other state funds wane.

Saturday, November 1, 2014

Singapore's GIC takes 20% stake in Turkish real estate firm

Singapore sovereign wealth fund GIC will inject 250 million euro ($314.3 million) to acquire a strategic stake in Turkey's leading commercial real estate developer Ronesans Gayrimenkul Yatirim (RGY), both firms said Thursday.

Sunday, September 28, 2014

GIC’s RAC Investment Signals More Private-Equity Deals to Come

GIC Pte’s investment in U.K. roadside assistance company RAC Ltd. shows the state fund’s commitment to private equity, an asset class that will attract more sovereign funds, according to IHS Global Insight. (INSDHYS)

Friday, September 5, 2014

Brigade, Singapore's GIC to invest $248 mln in Indian property sector

NEW DELHI (Reuters) - Indian developer Brigade Enterprises (BRIG.NS) and Singapore's sovereign wealth fund GIC Pte Ltd have agreed to jointly invest 15 billion rupees ($248 million) in residential real estate projects in south India, the companies said.

Thursday, August 28, 2014

Singapore's GIC in final talks to buy Tokyo building for $1.6 bln -sources

TOKYO, Aug 25 (Reuters) - Singapore's sovereign wealth fund GIC Pte is in final talks to buy a Tokyo office tower for about 170 billion yen ($1.6 billion), three people with direct knowledge of the deal said, in what would be Japan's biggest property transaction since the global financial crisis.

Monday, July 14, 2014

GIC Said to Have Backed Out of Lone Star’s Tokyo Property Sale

GIC Pte, Singapore’s sovereign wealth fund, backed out of buying a Tokyo property from Lone Star Funds, according to people familiar with the transaction.

Saturday, June 28, 2014

KKR Joins Sovereigns Seeking Seoul Skyline Yields: Korea Markets

KKR & Co. bought an skyscraper in downtown Seoul, within walking distance from blocks owned by wealth funds of Azerbaijan and Singapore, as falling bond yields and a revived economy spurs a search for higher returns.

Thursday, May 15, 2014

Singapore Inc. State Firms Are Most Acquisitive: Southeast Asia

GIC Pte and Temasek Holdings Pte, Singapore’s state-owned investment firms, are set to lead global sovereign investors in acquisitions for a second year after emerging as the most active in 2013.

Friday, March 14, 2014

GIC’s Investment in Linx Shows Confidence in Brazil’s Economy

GIC Pte, Singapore’s sovereign wealth fund, is buying stakes in Brazilian companies in a sign of confidence the world’s second-largest emerging market will overcome slower growth.

Wednesday, December 25, 2013

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.

Thursday, November 21, 2013

GIC, Ascendas to Invest Up to S$600 Million in Indian Property

GIC Pte, Singapore’s sovereign wealth fund, and Ascendas Pte plan to invest as much as S$600 million ($483 million) in Indian real estate to meet rising demand for commercial property.

Thursday, November 14, 2013

Singapore-based GIC said to invest in Time Warner Center

(Bloomberg) -- GIC Pte, Singapore's sovereign wealth fund, is part of a group that is buying the headquarters of Time Warner Inc. in New York City, according to one person with direct knowledge of the transaction.