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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Singapore’s GIC invests in Rajawali Group’s Indonesia office tower project

Posted on 31 October 2013

GIC Pte. Ltd., Singapore’s sovereign wealth fund, said Wednesday it is buying an office tower under development in Jakarta by Indonesian conglomerate Rajawali Group.
GIC didn’t disclose the cost of the acquisition. The 47-floor tower would be located in the Indonesian capital’s central business district, and comprise international grade-A office space, the sovereign wealth fund said in a joint statement with Rajawali……………………………..Full Article: Source


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