Canada Pension Plan Investment Board

China Focus

Fidelity, BlackRock cut fintech giant Ant’s valuation further

Ant declined to comment in an emailed statement.
Suntec REIT diversifies into UK with $756 million acquisition of London properties - THE EDGE SINGAPORE

REITs

Suntec REIT diversifies into UK with $756 million acquisition of London properties

With the acquisition of Nova Properties, Suntec REIT’s AUM will grow from $10.7 billion to $11.5 billion.

Sovereign wealth funds

GIC acquires 25.1% stake in $4 bil Sydney office property trust

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.

M&A

Blackstone to buy Thomson Reuters unit in US$20 bil deal

(Jan 31): A group led by Blackstone Group agreed to buy a majority stake in Thomson Reuters’s financial and risk unit in a deal that values the business at US$20 billion ($26.1 billion), sealing plans for the firm’s biggest buyout in a decade.

IPO

GIC, Temasek unit said to be among anchor buyers of SBI Life's IPO in India

SINGAPORE (Sept 20): SBI Life Insurance, a joint venture between State Bank of India and BNP Paribas Cardiff, is said to have received strong initial responses to the launch of its initial public offering (IPO) today.

GLP starting development of $140 mil Greater Osaka facility

TOKYO (July 7): Global Logistic Properties (GLP), the provider of modern logistics facilities, will start development of GLP Kobe Nishi II, a 764,000 sf modern logistics property in Greater Osaka at an estimated cost of JPY10.5 billion ($140 million).
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