GIC

A portfolio of acquisitions culminates in a large sale. Genesee and Wyoming announces that the sale of the company has been completed.

GIC, Singapore’s wealth fund, has acquired a Pan-European logistics real estate portfolio that has an accumulated industrial space of over 1 million square meters.

Singapore’s GLP had planned a US IPO. Instead, it has dramatically downsized its US exposure by selling most of its assets to Blackstone