GIC To Pay $2.65B For Logistics Firm From TPG And Ivanhoe
By Andrew McIntyre ( November 7, 2016, 1:26 PM EST) -- Singapore's sovereign wealth fund GIC Pte. Ltd. is buying pan-European logistics developer P3 Logistic Parks from a venture of TPG Real Estate and Ivanhoe Cambridge Inc. for a whopping €2.4 billion ($2.65 billion) in what is the largest Europe real estate deal of 2016, according to an announcement from the companies on Monday....
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