GPT is investigating the purchase of the $700m Aurora Place office tower in the Sydney CBD, joining around 10 domestic and international groups running final numbers on the Renzo Piano-designed tower before tenders close next week.Other groups looking at the building are believed to include the Government of Singapore Investment Corp (GIC), a sovereign wealth fund that has an 11 per cent stake in GPT.
When asked if GPT would buy assets jointly with GIC, Mr Cameron said only that there was a good relationship with the sovereign wealth fund.
GIC already owns a number of large Australian properties, including Sydney's Queen Victoria Building.
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