GIC-Dexus joint venture to acquire 50% of Melbourne's Rialto Towers

GIC-Dexus joint venture to acquire 50% of Melbourne's Rialto Towers

Photo: Rialto Towers website

Singapore state-owned investor GIC and Australian property investor Dexus have set up a joint venture to acquire a 50 per cent stake in Rialto Towers, located in Melbourne, Australia, for A$644 million ($387.5 million).

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