Singapore GIC Bails Out UK's Laxfield With $1 Billion Debt Guarantee

Globest.com, 29 Jan 2013
With an initial capital infusion from the real estate arm of the Government of Singapore Investment Corp., Laxfield Capital has launched a new commercial lending program. The locally based commercial mortgage origination, investment management and advisory firm will invest up to $1 billion in commercial mortgages in the United Kingdom over the next 24 months. Full story

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  2. GIC Invests in 1 Billion Pound Mortgage Program, Laxfield Says - Bloomberg
  3. Singapore’s GIC invests in £1b UK property fund - The Malaysian Insider