13.05.2015 - GIC Win Approval to Redevelop UBS London Offices
British Land Co. and GIC Pte, Singapore’s sovereign wealth fund, won approval to redevelop a building at the Broadgate office complex in the City of London financial district. The project, known as 100 Liverpool Street, was approved on Tuesday in London after a vote by the borough council. The landlords will extend and refurbish the existing building to create a new 47,840 square-meter (515,000 square-foot) office property with restaurants and stores. GIC bought 50 percent of Broadgate, a 30-acre complex of office buildings, shops and restaurants, for about 1.7 billion pounds in 2013. ..............................................Full Article: Source
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