05.10.2016 - GIC invests in student housing in Germany
Singapore's sovereign wealth fund GIC and global student accommodation specialists GSA yesterday announced a partnership to invest in student accommodation in Germany - their second such investment in the past week. The cornerstone investment of the partnership is a portfolio of close to 1,000 student beds, which GSA acquired in June. The portfolio features properties in Frankfurt, Darmstadt, Munster and Dresden as well as a pipeline of 1,500 beds, which will be expanded through investments, developments and in working with local property companies.............................................Full Article: Source
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