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Sovereign Wealth Funds Briefing - Categorized | Investment, Performance

GIC profits from Japan stadium sale

Posted on 30 March 2012

When the floodlights come on at the Fukuoka Yahoo! Japan Dome, the first pitch of the season thrown at the stadium will be a special one for its home team Fukuoka Softbank Hawks.
The reigning champions of Japan’s baseball series will finally have a home they can truly call their own. The Government of Singapore Investment Corporation (GIC) agreed to sell the Fukuoka Yahoo! Japan Dome, home of the Hawks, to the team’s owner telco Softbank for 87 billion yen (S$1.3 billion), in a deal announced last week………………………………………..Full Article: Source


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