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GIC makes two property investments

One is to develop an IT special economic zone in Bangalore and the other is to invest in European logistics properties

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SINGAPORE sovereign wealth fund GIC announced two property investments on Monday - one to develop an IT special economic zone (SEZ) in Whitefield, Bangalore, and the other to invest in logistics properties in Europe.

Singapore

SINGAPORE sovereign wealth fund GIC announced two property investments on Monday - one to develop an IT special economic zone (SEZ) in Whitefield, Bangalore, and the other to invest in logistics properties in Europe.

GIC said that a joint venture with Indian property