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GIC invests in US multi-family properties through JV

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Cortland Partners, Canada Pension Plan Investment Board and GIC have formed a JV with a targeted equity amount of US$550 million to acquire and renovate 8,000 to 10,000 Class B multi-family units in the US.

Singapore

GIC has formed a joint venture with US property investment firm Cortland Partners and Canada Pension Plan Investment Board (CPPIB) to acquire and renovate 8,000 to 10,000 property units in the US known as Class B multi-family units.

The...

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