Singapore's sovereign wealth fund GIC 'underinvested' in property

Singapore's sovereign wealth fund GIC 'underinvested' in property

GIC, the sovereign wealth fund of Singapore

Singapore’s sovereign wealth fund GIC, which manages more than $100 billion of the city-state’s reserves, is “underinvested” in property and is interested in transactions of scale, according to its real estate president Goh Kok Huat.

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