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GIC buys 50% stake in 42-storey Beijing office building

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The building is located in the centre of the Lize Financial Business District, and is the district's tallest building. On Tuesday, GIC said it had entered into a joint venture to acquire an office building in Sydney.

Singapore

SINGAPORE sovereign wealth fund GIC has bought a 50 per cent stake in a Beijing office building for an undisclosed sum, making it the sole owner post-acquisition.

The Grade A 42-storey building is located in the centre of the Lize Financial Business District, and is the...

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