Sat, Apr 18, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GIC and Macquarie invest in Australian student dorm developer

Posted on 30 January 2014

Singapore’s GIC and Australia’s Macquarie Capital said on Wednesday they have formed a joint venture that bought a majority stake in an Australian student accommodation group. The investment into Iglu is the largest transaction of its kind in the Australian student accommodation sector, GIC and Macquarie said in a statement.
The statement, however, did not give the value of the investment. Iglu, a specialist developer of purpose built off-campus student accommodation, currently has three properties in Brisbane and Sydney offering 900 beds………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16095 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
M T W T F S S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930