Friday 29 Mar 2024
By
main news image

SINGAPORE (Aug 19): Sovereign wealth fund GIC announced Monday it is acquiring a 25.1% stake in Lendlease International Towers Sydney Trust (LLITST) from Canada Pension Plan Investment Board and Australia-listed Lendlease Group.

Established in 2012, the trust holds assets located in the Barangaroo Office Precinct in the Sydney Central Business District (CBD).

LLITST holds a 100% interest two commercial towers: International Towers Sydney — Tower Two and International Towers Sydney — Tower Three.

The properties are highly-accessible premium grade office towers, with close proximity to...(click on link for full story on theedgesingapore.com)

      Print
      Text Size
      Share