Singapore's GIC forges $291m JV to develop residential properties in Mexico

Singapore's GIC forges $291m JV to develop residential properties in Mexico

Rush hour in Mexico City, Mexico. Photo: Pixabay

Singapore’s sovereign wealth fund GIC has entered into an MX$5.5 billion ($291.72 million) joint venture (JV) with CCLA to develop and operate purpose-built, for-rent multi-family buildings across Mexico’s largest cities.

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