The Business Times
SUBSCRIBERS

GIC makes two European investments

One is an office building in Paris, and the other, a stake in a Danish aircraft lessor

google-preferred-sourceAdd BT as a preferred source
Published Tue, Oct 16, 2018 · 09:50 PM

    Singapore

    SINGAPORE sovereign wealth fund GIC has made two investments in Europe: one is a 465 million-euro (S$741 million) Paris office building, and the other, a significant minority stake in a Denmark-based company for an undisclosed amount.

    GIC will become a significant minority investor in Nordic Aviation Capital (NAC), said to be the world's largest regional aircraft lessor and the fourth largest commercial aircraft leasing company with a fleet of 468 regional aircraft and a total asset base of US$8 billion.

    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