Did Singapore’s GIC make any money from selling nearly all its DLF shares?

Premium
Credit: VCCircle

Singaporean sovereign wealth fund GIC Pte. Ltd appears to have walked away with sub-par returns by selling the bulk of its stake in DLF Ltd, India’s largest listed real estate developer. GIC (formerly Government of Singapore Investment Corporation Pte. Ltd), which has been invested in DLF since some time in mid-2011, ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.