| Singaporean sovereign wealth fund GIC Pte Ltd has agreed to buy an office building in Brazil's Rio de Janeiro for an undisclosed amount, in its first wholly owned investment in Latin America.
The building, Eco Sapucai, is expected to be completed in the first quarter of 2015, a joint company statement said on Friday. GIC is taking over the property from Hemisfério Sul Investimentos (HSI), a private equity real estate fund manager in Brazil...............................................Full Article: Source
|