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GIC forms JV targeting US$1.4b student housing portfolio

Published Mon, Jan 4, 2016 · 09:50 PM

    Singapore

    GIC on Monday said that it plans to, together with joint venture partners, buy a student housing portfolio in the United States that is worth about US$1.4 billion.

    GIC, the Canada Pension Plan Investment Board (CPPIB) and The Scion Group LLC said that they have formed a student housing joint venture entity, Scion Student Communities LP.

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