GIC Formed U.S. Retail Platform with RPT Realty

Posted on 12/30/2019

On December 12, 2019, Singapore’s GIC Private Limited and NYSE-listed real estate investment trust RPT Realty formed a US$ 244 million retail joint venture. GIC spent US$ 118.3 million to purchase a 48.5% stake in five retail assets in Florida, Missouri, and Michigan and has committed up to US$ 200 million of additional capital to […]

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