22nd September, 2023
GIC has made India its prime focus of attention over the past two years and this week has seen the Singaporean sovereign wealth fund continue its thrust into India’s healthcare and real estate markets.
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28th August, 2023
On Monday, the Qatar Investment Authority (QIA) closed the acquisition of Park Lane Hotel in Midtown Manhattan for US$ 623 million, according to news provider PincusCo and to New York’s Office of the City Register.
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25th August, 2023
The Kuwaiti government’s decision to transfer KWD2.5 billion (US$8.1 billion) of landholdings to the country’s social security fund, instead of its sovereign wealth fund, comes amid long-standing political disputes over the direction of the US$801 billion Kuwait Investment Authority (KIA), one of the world’s biggest and oldest SWFs.
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18th August, 2023
Singapore’s sovereign wealth fund GIC this week struck its second significant deal in Brazil this month with a BRL1.2 billion (US$240 million) retail and logistics venture with Barzel Properties, continuing a quiet rise in investment by the SWF community in the South American nation.
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19th July, 2023
The Abu Dhabi Investment Authority (ADIA) has teamed up with Singapore-based real estate investor SC Capital Partners and Goldman Sachs Asset Management to acquire a portfolio of 27 Japanese hotels from Daiwa House Industry for US$900 million.
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10th July, 2023
State-owned investors originated nearly US$20 billion in real estate deals in the first half of 2023, excluding their commitments to funds overseen by third party asset managers.
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16th June, 2023
The post-Covid revival in tourism is encouraging a tide of sovereign fund investment in hotel and leisure, with a focus on Europe and a significant shift towards large-scale resorts.
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30th May, 2023
The Netherlands’ public pension fund managers APG and Bouwinvest have swung their weight behind an Australian build-to-rent (BTR) partnership with student accommodation leader Scape Australia founders, Stephen Gaitanos and Craig Carracher.
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19th May, 2023
Indian real estate is a hot target for Singapore’s sovereign wealth fund GIC, which this week signed a US$1.4 billion 50:50 joint venture with Brookfield India REIT (BIRET) to two large commercial office assets in Mumbai and Gurugram – hailed by the fund as “the first-of-its-kind partnership In India between a listed REIT and a global institutional investor.”
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30th March, 2023
The China Investment Corporation (CIC) has sold Winchester House in the City of London – its first direct investment in the UK real estate market – at a loss, indicating it could be ditching assets amid rising geopolitical risks.
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29th March, 2023
The Sovereign Fund of Egypt (TSFE) is launching an innovation district in the Ministry of Interior’s former headquarters in Lazoghli in Cairo.
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20th March, 2023
Saudi real estate has received a US$1.5 billion boost from the Saudi Real Estate Refinance Company (SRC), the debt platform established by the Kingdom’s sovereign wealth fund in February 2018 to accelerate economic diversification.
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