Blackstone buys GIC’s 49% stake in Australian logistics fund for $1.5b

Blackstone buys GIC’s 49% stake in Australian logistics fund for $1.5b

4 Inglis Road, Ingleburn, one of Dexus's industrial portfolio.

US private equity giant Blackstone has bought Singapore sovereign wealth fund GIC’s 49% stake in the Dexus Australian Logistics Trust, per an announcement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter