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Sign in Sign up for a FREE subscriptionGIC pays $258m to Pimco for office property in India
GIC, Singapore’s sovereign fund, has signed an agreement to buy Waverock, a 2.4-million-square-foot office property in the capital of Telangana, a state in southern India, reported Mingtiandi.
The seller is a fund managed by Europe’s Pimco Prime Real Estate. The sales price is estimated to be $258.7 million.
