SINGAPORE (Nov 7): Singapore sovereign wealth fund GIC has reportedly acquired a 50% stake in an office building in Lize Financial Business District (LFBD), an emerging central business district in Beijing, for an undisclosed sum.
The 42-storey Grade A building is situated in a prime location in terms of visibility and accessibility, says GIC in a media release on Thursday.
GIC notes that the building is the tallest in the district, and is directly connected to an interchange station for key public transport lines.
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