GIC to pay A$260 million for retail stake in Perth
Dec 23, 2009 - PropertyGuru.com.sg
GIC Real Estate, the global investment arm in Singapore, will purchase from Dexus Property Group a half stake in a regional shopping centre in Perth, the Australian Financial Review reported.
GIC will shell out A$260 million ($229 million) for the Whitford City property, making it the second largest deal for a shopping centre, the newspaper said.
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