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GIC, GSA to invest in German student dorm

Published Tue, Oct 4, 2016 · 09:50 PM

Singapore

SINGAPORE sovereign wealth fund GIC and student accommodation operator GSA on Tuesday announced a partnership to invest in the German student accommodation market together.

They plan to invest in a portfolio of close to 1,000 student beds which GSA acquired in June this year. This portfolio features properties in Frankfurt, Darmstadt, Munster and Dresden as well as a pipelin…

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