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GIC, Canada pension fund to buy Seoul mall for US$263m

Investment reflects confidence in long-term growth of Korean domestic demand, says GIC

Published Mon, May 18, 2015 · 09:50 PM

GIC and the Canada Pension Plan Investment Board (CPPIB) have bought the retail mall portion of South-Korean megacomplex D-Cube City for US$263 million, the acquirers announced on Monday.

GIC, which helps to m…

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