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Singapore’s GIC invests in $1.6 bln UK property fund

Posted on 29 January 2013

Singapore’s sovereign wealth fund has backed a 1 billion pound lending programme for British offices, shops and warehouse property that could bring much-needed funds into a debt-starved sector.
The Government of Singapore Investment Corporation GIC.UL, one of the world’s largest sovereign wealth funds, will underwrite the loans to be issued by commercial mortgage provider Laxfield Capital………………………………………..Full Article: Source


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