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GIC venture buys space in Time Warner Center

It will lease the 1.1m sq ft of space back to Time Warner till 2019


GIC has sealed a deal to buy office space in New York City's Time Warner Center with two partners, the Abu Dhabi Investment Authority (ADIA) and US real estate firm Related Companies, for US$1.3 billion.

The partnership, which is buying the 1.1 million square feet of...

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