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GIC invests in fund that bought Korean logistics centre for US$130m

Published Wed, Jul 13, 2016 · 09:50 PM

Singapore

SINGAPORE sovereign investor GIC has pumped money into a real estate fund that has acquired the newly built Hyundai Logistics Distribution Centre for US$130 million from LogisKoel, developer of the asset.

The real estate fund is managed by ADF Asset Managem…

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