Grapevine: GIC seeks warehousing assets; Leapfrog to get big LP cheque

By Nishant Maher

  • 07 Jun 2023
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Credit: Thinkstock

Singapore’s sovereign wealth fund GIC, which recently struck an exit from an India-based real estate deal after nearly two decades, is now in discussions to buy warehousing assets from a realty market leader from the Asia-Pacific region, a media report said, citing two people in the know.   The fund is likely to pick up a 10 million sqft portfolio from ESR Group at an enterprise value of about ......

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