Sat, May 28, 2016
A A A
Welcome vaishu
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

GIC, Macquarie buy majority stake in Australian student accommodation firm Iglu

Posted on 29 January 2014

Singapore sovereign wealth fund GIC Pte Ltd and Macquarie Capital have formed a joint venture which has bought a majority stake in Iglu, an Australian student accommodation provider with a property portfolio worth about $132 million.
The deal is the largest of its kind in the Australian student accommodation sector, GIC said in a statement, without disclosing the investment value. Macquarie Capital is a unit of Macquarie Group Ltd………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 18687 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2016
M T W T F S S
« Apr    
 1
2345678
9101112131415
16171819202122
23242526272829
3031