Singapore Sovereign Wealth Fund Gets Approval for Auckland Property Investments

Posted on 01/28/2015

Singapore’s GIC Private Limited has received approval from New Zealand’s Overseas Investment Office (OIO) to purchase a 49% share in Auckland Viaduct properties. The GIC is investing in a joint venture with Goodman Property Trust (GPT). The NZ$ 313 million portfolio has a mandate to augment up to NZ$ 500 million over time. The Goodman […]

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