GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB

GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB

GIC had acquired the Sydney skyscraper along with a resort on the Queensland Gold Coast in a joint acquisition with Morgan Stanley Real Estate Investing for A$800 million in 2005. The Singapore …