GIC to use new Sydney office to find partnerships, property deals
Experts believe the move is opportune as the Singaporean sovereign wealth fund seeks to expand its positions in the country’s real estate and infrastructure sectors.
Singapore’s GIC appears set to continue pushing into Australian real estate and develop more joint ventures and local partnerships in the country with the opening of its Sydney office next year, industry experts told AsianInvestor.
The sovereign wealth fund wrote in a statement on Monday (May 31) that it plans to open its first Australian office in 2022 to capture investment opportunities in the country.
“GIC will continue to actively source for opportunities across various sect…
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