Tag Archives: GIC

Blackstone, GIC top global real estate investors in India

Singapore’s sovereign wealth fund GIC Pte. Ltd and private equity firm Blackstone Group Lp have emerged as the two top global investors in India’s real estate sector after almost a decade of investing in the country. Canada’s Brookfield Asset Management Inc. is fast moving into the big league. GIC and Blackstone, which have different investment… Read More »

DLF to sell 40% Cyber City stake for $2bn

Promoters of realty giant DLF K P Singh and his family have decided to sell their entire 40% equity in their flagship company in commercial space DLF Cyber City Developers (DCCDL) to Singapore-headquartered private equity firm GIC, formerly known as Government of Singapore Investment Corporation. The statement issued by the company did not divulge the… Read More »