24.02.2011 - GIC boost for US commerical realty
From Iddmagazine.com: The U.S. commercial real estate market got a boost on Wednesday when Jefferies & Co. announced that it has teamed with Singapore’s sovereign wealth fund and Loan Core Capital Partners to back a business that will specialize in commercial real estate finance. The sovereign fund, the Government of Singapore Investment Corp., Loan Core and Jefferies are putting up $600 million for the joint venture, which will be called Jefferies Loan Core LLC...............................................Full Article: Source
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