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GIC, S Korean partner to build Incheon mall

Published Mon, Apr 18, 2016 · 09:50 PM

Singapore

SINGAPORE'S GIC is teaming up with South Korean retail player Shinsegae to develop a retail mall in the Incheon Free Economic Zone.

They have, through their respective affiliates, entered into a land sale and purchase agreement to acquire the land from the Incheon Free Economic Zone (IFEZ), Incheon Development & Transformation Corp (IDTC) and the City of Incheon for US$197 million.

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