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Singapore’s Gic Leads $6.8B Deal For U.s. Industrial Portfolio

by therealdeal.com posted 3weeks ago 5 views
The red-hot industrial real estate sector just notched one of its largest deals ever. A group of investors led by Singaporean sovereign wealth fund GIC bought 328 U.S. industrial properties, including debt, from the real estate unit of Swedish private equity firm EQT for $6.8 billion, according to a source familiar with the deal. Eastdil Secured brokered the sale, which closed on Friday, EQT Exter CEO Ward Fitzgerald said in an interview. The portfolio received The post Singaporean wealth fund leads $6.8B deal for U.S. industrial properties appeared first on The Real Deal New York.

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