GIC to focus on ‘niche’ real estate deals in China amid supply glut

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GIC to focus on 'niche' real estate deals in China amid supply glut

People walk by office towers in the Lujiazui financial district of Shanghai, China October 17, 2022. REUTERS/Aly Song/File Photo

Singapore’s sovereign wealth fund GIC is shifting the focus of its investment team in China to look for newer “niche opportunities,” a senior executive told Nikkei Asia, as the region’s largest economy is expected to take longer to transform itself into a new economic model.

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Printed by Unregistered user on Fri, 26 Jul 2024 10:42:49 GMT

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