 "Ceo, company, board, directors, MD, corporate, governance")
Singaporean sovereign fund GIC seems to be going ahead of its Western counterparts in doing big deals in office properties here.
According to sources, GIC is in the final leg of three real-estate deals in the country. They relate to properties or significant stakes in portfolios of key investors.
GIC is in talks with Canadian investor Brookfield to buy 50 per cent of the latter’s assets in Mumbai. Brookfield is in the process of selling the remaining 50 per cent to its listed Reit (real estate investment trust). The deal is expected to happen at $1.8 billion, including GIC striking
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