Singapore: GIC acquires P3 for €2.4b from TPG Real Estate, Ivanhoé Cambridge

Singapore: GIC acquires P3 for €2.4b from TPG Real Estate, Ivanhoé Cambridge

Singapores’ sovereign wealth fund GIC has acquired Czech corporation P3 Logistic Parks, the pan-European owner, developer and manager of logistics properties, from TPG Real Estate and its partner Ivanhoé Cambridge. Eastdil Secured acted as adviser to TPG Real Estate on the transaction.

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