The Australian, 23 Oct 2008, Florence Chong
SINGAPORE'S GIC Real Estate is usually the first port of call when there is a big property deal to be made anywhere in the world.
It appears to be dripping with cash, at a time when other buyers have been starved in the credit crisis.
Early this year GIC RE, the real estate arm of the Government of Singapore Investment Corp, the world's third-largest sovereign wealth fund, invested more than $1 billion in Finland, Italy and Russia.
It has amassed more than 200 assets in 30 countries.
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