“We are confident in the long-term growth of the Australian market and believe that an on-the-ground team will enhance our ability to capture more investment opportunities in this dynamic market. We are already very pleased with our existing portfolio in Australia, especially in real estate. We believe the new office will better support the management of our existing assets and increase interaction with local partners so we can generate more value-add together.”

— Lim Chow Kiat, CEO, GIC, on plans to open a new Sydney office in 2022

The transparent property markets of Australia continue to lure investors seeking quality assets and returns in the Asia Pacific region, despite the recent effects of the prolonged pandemic. Some recent deals this past July and early August reveal investor demand for modern logistics and office assets in Australia spurred on by the growth in ecommerce and need for healthier, more sustainable workplaces accele