The Business Times
SUBSCRIBERS

GIC buys office tower in Brazil

Quality asset in prime location suits fund as a long-term investor, says regional head

google-preferred-sourceAdd BT as a preferred source
Published Fri, Dec 12, 2014 · 09:50 PM

    Singapore

    SINGAPORE's sovereign wealth fund GIC is buying an office building in Brazil in its first wholly-owned investment in Latin America.

    The building - Eco Sapucai, in downtown Rio de Janeiro - is being developed by private equity real estate fund manager Hemisfério Sul Investimentos (HSI). Construction is expected to be completed in the first quarter of next year.

    GIC

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More