Weekly Digest: Indonesia's INA to boost spending; GIC snaps up Indian office assets
Singapore's GIC teams with a listed REIT in India to purchase commercial properties; Indonesia's SWF to deploy $3 billion by end of year; NZ Super tops up hedge fund exposure; and more.
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Singapore's sovereign wealth fund GIC and Brookfield India Real Estate Investment Trust have joined hands to acquire commercial properties in India, marking the first partnership between a global institutional investor and a listed REIT in the country.
Both parties will obtain a couple of Grade-A assets, totaling 603,870 square meters at an aggregate enterprise value of $1.4 billion, from private real estate funds of New York-listed Brookfield Asset Manageme…
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