Weekly Digest: GIC, ADIA buy US logistics manager; Khazanah launches green investment platform
The Singapore and Abu Dhabi sovereign wealth funds complete takeover of US industrial and logistics real estate business; Malaysian sovereign wealth fund spearheads green investment platform aiming to attract domestic and overseas investments; Japan's GPIF hires firm to evaluate the fair value of its infrastructure portfolio; and more.
TOP NEWS OF THE WEEK
Singapore sovereign wealth fund GIC has, with global private investment firm Centerbridge Partners, acquired all of the outstanding common stock of US-based industrial and logistics real estate investment trust Indus Realty Trust in an all-cash transaction valued at approximately $868 million.
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will act as a strategic investor alongside Centerbridge in the ownership of Indus following the …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.