27.11.2015 - GIC looking to buy more real estate assets
GIC, which manages more than US$100 billion (S$141 billion) of Singapore's reserves, is "underinvested" in property and interested in transactions of scale even as it faces an increasingly difficult investment environment. GIC has about 7 per cent of assets in real estate, while it can invest 9 per cent to 13 per cent, GIC Real Estate president Goh Kok Huat said in his keynote speech at a conference organised by the Asia Pacific Real Estate Association...............................................Full Article: Source
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