Singapore: GIC forms JV with Macerich Company to invest in five US retail assets

Singapore: GIC forms JV with Macerich Company to invest in five US retail assets

GIC, the sovereign wealth fund of Singapore

Singapore’s sovereign wealth fund GIC on Thursday said it formed a joint venture with US-listed retail real estate investment trust – Macerich Company – to buy a 40 per cent stake in five retail assets in the United States.

Bring stories like this into your inbox every day.

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