GIC invests in Euro RE Fund

Posted on 01/04/2011


Singapore’s GIC has purchased a 13.6% stake in Cloe. Cloe is a closed-end real estate fund that invests in core properties managed by Prelios, formerly known as Pirelli RE. The Cloe fund was launched in 2004 and owns around 11 offices with a total value of 550 million Euro. Prelios manages properties in Italy, Germany, […]

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