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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Singapore Govt in new Akl property deal

Posted on 27 March 2015

The Singaporean Government is expanding its New Zealand property holdings, taking a further stake in Auckland via a new office block yet to be built. Listed landlord Goodman Property Trust has just announced that Fletcher Building has struck a deal to sell a new Wynyard Quarter building, 80 per cent leased to Datacom, to the Singaporeans and Goodman.
The purchaser is Wynyard Precinct Holdings - 49 per cent owned by the Singapore state’s Government Investment Corporation and 51 per cent owned by listed landlord Goodman Property Trust………………………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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