GIC Buys 50% Stake in Lize FBD Building from Beijing Capital Land

Posted on 11/07/2019

GIC Private Limited, through a sovereign wealth enterprise (SWE), purchased a 50% stake in a 42-storey office building in the Lize Financial Business District (LFBD), an emerging central business district in Beijing. Following this acquisition, the building will be wholly owned by GIC. The property is at the center of the business district. The office […]