GIC Acquires Logistics Facilities From Daiwa
Posted on 12/08/2023
Singapore’s GIC has announced that it has acquired two logistics facilities from Daiwa House Industry, a Japanese real estate developer. GIC maintains 13% of its portfolio in real estate. It says: “Our Portfolio is constructed to be resilient across a range of plausible market economic conditions, while generating positive long-term returns. This requires it to…