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GIC

Housing 12/05/2023

"Co-living and student housing are among the most attractive and strategic asset classes for the coming decade"

BIG: What is Brookfield AM’s positioning on the coliving sector in particular? Vincent Kerboull: The residential sector is one of our main focuses globally, but (...)

Logistics 12/04/2023

Two deals to revive the French logistics property investment market

The file has just arrived on the desks of several investors, and it has the potential to interest some. CBRE IM and Virtuo are (...)

Finance 26/01/2023

Germany leads Q4 slump for European CRE investment (MSCI)

European commercial real estate investment plummeted in the final quarter of last year, led by Germany amid a generalized slump in values and total (...)

Career 09/02/2021

Frank Pörschke appointed CEO of P3 Logistic Parks

Pan-European investor and developer P3 Logistic Parks has announced the appointment of Frank Pörschke as its new CEO, with effect from 1 April 2021. (...)

Logistics 16/11/2020

GIC and Melcombe Partners enter into JV to acquire and develop European urban logistics assets

Singapore’s sovereign wealth fund GIC and European urban logistics investment manager Melcombe Partners, have agreed to enter into a joint venture to acquire and (...)

Office 16/06/2020

EDF re-ups for 12 years in Paris La Défense’s PB6 Tower

French energy group EDF has just renewed a firm 12-year commercial lease on 38,000 sqm in the PB6 Tower, located in the Paris La Défense (...)

Logistics 13/12/2019

Singapore's GIC, in one of Europe's largest logistics deals, pays €950m for Maximus portfolio

In one of the largest European logistics property deals of the year, Singapore sovereign fund GIC is purchasing the Maximus portfolio from US manager Apollo for (...)

Hospitality 12/11/2019

Commerz Real sells Berlin's 5-Star Hotel de Rome to Caleus, GIC

In an off-market transaction Commerz Real has sold Hotel de Rome in Berlin to Caleus Capital Partners, an investment partnership of Caleus and Singapore (...)

Office 21/10/2019

Singapore’s GIC confirms BI report of Paris PB6 tower buy, said at €550m

Singapore’s sovereign wealth fund GIC has confirmed its purchase of the 60,000 sqm Paris La Défense PB6 tower, which BI sources in September said (...)

Office 09/09/2019

Asian appetite for Paris-La Défense continues as GIC nears €550m closing on Tower PB6

Asian investor appetite for large office towers in Paris-La Défense continues unabated, with BI sources saying Singapore's GIC is near to closing on Tower PB6 for (...)

Hospitality 11/07/2019

Paris's AccorInvest boosts mid-segment with pan-European hotels acquisition

Paris-based hotel group AccorInvest has completed purchase of a pan-European portfolio of four assets totalling 661 rooms to boost its presence in the mid-market (...)

Finance 24/04/2019

CBRE GI wins €350m refinancing for Dutch Office Fund from PGIM, UK's Rothesay

CBRE Global Investors has completed a €350m refinancing for its Dutch Office Fund, provided jointly by US-based PGIM Real Estate and UK insurer Rothesay Life. The loan (...)

Logistics 01/04/2019

P3 Logistic ends 2018 with 4.1m sqm AUM, e-commerce/retail first over 30%

Czech-based P3 Logistic Parks, owned by Singapore's GIC, grew its portfolio to over 4.1m sqm last year, and said e-commerce and retail tenants rose above (...)

Hospitality 01/04/2019

Singapore's GIC takes 25% stake in Dutch hotel firm citizenM, valuing it at €2bn

Singapore sovereign wealth fund GIC has acquired a 25% equity interest in Netherlands-based hotel developer and operator citizenM, valuing the hotel group at €2bn.  The investment makes GIC the third (...)

Office 22/03/2019

Korean investors comb Paris La Défense after Mirae snaps up URW's Majunga for €850m

South Korean investors are watching Paris La Défense closely after news Unibail-Rodamco-Westfield has sold the Majunga tower to Seoul-based Mirae Asset Daewoo for €850m. The deal raises (...)

Listed 22/02/2019

Paris REIT Cegereal net slides to €33m on valuations, but cash-flow stable

Paris office REIT/SIIC Cegereal posted a sharp drop in net income last year to €33.1m after €62.4m in 2017 mainly due to the high portfolio uplift (...)

Office 11/01/2019

GEG's Höller sees Frankfurt office market, helped by Brexit, staying stable

Frankfurt has become a major German real estate location, taking some €10bn of the national €60bn investment last year, of which Brexit sparked probably (...)

Hospitality 16/10/2018

Henderson Park closes €550m Paris Westin buy with CACIB financing

London-based private equity investor Henderson Park has completed the €550m purchase of the Westin Paris-Vendôme hotel in Paris from Singapore sovereign GIC, securing senior (...)

Office 15/10/2018

Unibail to sell Paris Ariane tower for €465m to Singapore's GIC

France's Unibail-Rodamco-Westfield, the world's largest shopping centre group, is selling the Tour Ariane office tower block in La Défense west of Paris for €464.9m (...)

Office 21/09/2018

Tishman Speyer buys Frankfurt tower for new German IM platform

Global developer Tishman Speyer has acquired the Bürohaus an der Alten Oper in Frankfurt for a new investment management platform, the third office tower to change hands in the (...)