Propertyweek.com, 21 Aug 2008, Deirdre Hipwell
GIC, the investment arm of the government of Singapore, has increased its stake in British Land to more than 5%.
The UK’s second largest quoted property company revealed today that GIC had increased its stake to just above 5%, buying more than 5m shares to increase its holding to 26m shares valued at £184.9m.
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