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| Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore, pop over and join in the fun. |
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#1
25-12-2013, 03:40 PM
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No $ to Help SGs, But Got $3.5B to Speculate in London Properties
An honorable member of the Coffee Shop Has Just Posted the Following:
Where is our money? 60%: Nebermind lah! http://www.straitstimes.com/breaking...ver-35b-201312 Singapore's GIC buys stake in London office complex, in deal worth over $3.5b Published on Dec 24, 2013 3:02 PM  Singapore investment firm GIC is buying a multibillion dollar stake in a mega-office complex in London's main financial district, adding to its portfolio of prominent properties globally. -- PHOTO: GIC PRIVATE LIMITED By Alvin Foo Singapore investment firm GIC is buying a multibillion dollar stake in a mega-office complex in London's main financial district, adding to its portfolio of prominent properties globally. It is acquiring private equity firm Blackstone's 50 per cent interest in Broadgate, in a deal said to be worth over £1.7 billion (S$3.5 billion). This transaction is believed to be GIC's largest-ever property foray in Europe, and is also its biggest-known investment this year, based on public announcements. Analysts said it is also one of Europe's biggest-ever office deals. Broadgate is located near Liverpool Street station and is touted as a "world-class" office complex with a cluster of 17 buildings, shops and restaurants. The development spans 4.7 million sq ft on 12ha of land. Click here to view the whole thread at www.sammyboy.com. 
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