| Singapore state investment firm GIC Private Ltd.’s move to bid on a Blackstone Group-backed real estate investment trust runs somewhat counter to a shift away from direct real estate investing among sovereign wealth funds.
A new report from Sovereign Wealth Center, part of publishing and events company Euromoney Institutional Investor PLC, found that sovereign funds this year moved away from direct investment in real estate in favor of deals in other industries such as technology...............................................Full Article: Source
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