Singapore's GIC picks up 25.1% stake in Lendlease's Sydney office property trust

Singapore's GIC picks up 25.1% stake in Lendlease's Sydney office property trust

Photo: Reuters

Singapore’s sovereign wealth fund GIC will acquire a 25.1 per cent stake in Lendlease International Towers Sydney Trust (LLITST) from Canada Pension Plan Investment Board (CPPIB) and Australia-based property developer Lendlease, it said in a statement on Monday.

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