Singapore sovereign wealth fund GIC targets UK property

Telegraph.co.uk, 16 Apr 2012
The investment drive by the Government of Singapore Investment Corporation (GIC) is a further example of the growing overseas demand for UK property.
Asian investors, primarily sovereign wealth funds, accounted for 30pc of all commercial property deals in London last year as they targeted a safe haven for their cash.
GIC is one of the biggest sovereign wealth funds in the world. It owns more than $100bn (£63bn) of assets, including a 17.5pc stake in Bluewater shopping centre in Kent. Full story

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Orchard Street teams up with GIC - property-magazine.eu