SINGAPORE - Singapore's sovereign wealth fund, GIC, has entered into a joint venture partnership with Australia-listed property group, Charter Hall, to acquire an A-grade office building in Sydney.
David Harrison, group managing director and CEO of Charter Hall Group, said:"This strategic acquisition further strengthens a well-established 15-year partnership with GIC, who recognise our strong track record of creating institutional quality investment opportunities that we can add value to utilising the second-largest office platform in Australia.
These include Parramatta Square, the recent completion of Stage 1 of WestConnex Motorway, the Parramatta Light Rail project slated to be completed in 2023, and the recently announced Sydney Metro West rapid rail to the Sydney CBD, which will reduce travel times between the two CBDs.
Source: Real Estate Daily Report (realestatedailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gen Y Speaks: Don't talk to me about gradesAs a child, I never liked extended family gatherings. Whether my grades were bad, average or good, the adults always had something to say.
Source: TODAYonline - 🏆 1. / 99 Read more »
ISDN in Cambodian hydroelectric power plant venture, disposes stake in associateSINGAPORE - Mainboard-listed ISDN Holdings on Monday (Oct 4) said it has taken a 33 per cent stake in a joint venture (JV) which will build an 80 megawatt hydroelectric power plant in Cambodia.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Accelerator Spaze Venture offering up to $500,000 for educational tech start-upsSINGAPORE - Seed capital firm Spaze Venture has launched EduSpaze, which it said is Singapore's first educational technology (edtech) accelerator supported by Enterprise Singapore.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
German minister casts doubt on Huawei participation in 5G build-outGerman Foreign Minister Heiko Maas on Monday cast doubt on whether Chinese telecom equipment vendor Huawei Technologies could participate in the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
E-scooters banned on footpaths: More crucial to build a viable walkway network, say expertsRestricting the use of electric scooters on footpaths is a step in the right direction, but building a network of pedestrian walkways is also crucial for first-and last-mile commutes, experts told The Straits Times.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Chinese state media urge 'tougher line' in Hong Kong after Xinhua building targetedChinese state media on Monday urged authorities to take a 'tougher line' against protesters in Hong Kong who vandalised state-run Xinhua news ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »