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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

GIC expanding its empire

Posted on 23 October 2008

From Theaustralian.news.com.au: Early this year GIC RE, the real estate arm of the Government of Singapore Investment Corp, the world’s third-largest sovereign wealth fund, invested more than $1 billion in Finland, Italy and Russia.

It has amassed more than 200 assets in 30 countries. Always a passive investor, GIC has partnered with some of the world’s best-known names in real estate when it enters new markets….. Full Article: Source


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