Singapore sovereign wealth fund GIC has signed a deal to invest in London’s Broadgate development through a joint venture partnership with UK-based real estate developer British Land.
Broadgate
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GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.