Singapore Sovereign Wealth Fund Gets Approval for Auckland Property Investments
Posted on 01/28/2015
Singapore’s GIC Private Limited has received approval from New Zealand’s Overseas Investment Office (OIO) to purchase a 49% share in Auckland Viaduct properties. The GIC is investing in a joint venture with Goodman Property Trust (GPT). The NZ$ 313 million portfolio has a mandate to augment up to NZ$ 500 million over time. The Goodman […]
- Auckland
- Goodman Group
- Government of Singapore Investment Corporation
- New Zealand
- real assets
- Real Estate
- Singapore
