GIC, Blackstone and CapitaLand announce real estate deals in Australia

GIC, Blackstone and CapitaLand announce real estate deals in Australia

Australia. Photo by Josh Withers on Unsplash

Singapore sovereign wealth fund GIC Pte has established a $531 million retail centre joint venture in Australia, while Blackstone has reportedly acquired a 50% stake in a Sydney office tower. In a separate development, CapitaLand Integrated Commercial Trust has acquired two office buildings in Sydney.

Bring stories like this into your inbox every day.

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