Singapore's GIC acquires Sydney student housing blocks in $302m deal

Singapore's GIC acquires Sydney student housing blocks in $302m deal

Logo of GIC, Singapore's sovereign wealth fund.

Singapore’s sovereign wealth fund GIC, through an Australian affiliate, has acquired a pair of Sydney student blocks from Frasers Property Australia and Sekisui House Australia in a deal worth A$400 million ($302.3 million), making this its third student housing transaction for the year. 

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