GIC to buy Tokyo property for 134b yen

Thu, Apr 10, 2014 - 6:00 AM

[TOKYO] Singapore state investment firm GIC Pte Ltd will buy a Tokyo property from US investment fund Lone Star Funds for some 134 billion yen (S$1.6 billion), the highest price since Japan's real estate market recovery accelerated last year, three people with direct knowledge of the sale told...