GIC Archives - Inside Retail Singapore

GIC buys into Vietnam’s Vingroup retail unit

A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.

In less than a year, Luckin Coffee already worth $2.2 billion

Fast-growing Chinese cafe chain Luckin Coffee has raised US$200 million in its latest funding round.

China’s Luckin Coffee worth $1 billion after just nine months

Nine-month-old Luckin Coffee has raised US$200 million to fund expansion, valuing it at $1 billion.

Singapore’s GIC injects US$91 million into E-Land Group

Singapore’s GIC has injected KW100 billion (US$91 million) into Korean retail major E-Land Group.

GIC invests $192m in Korean mall

GIC has invested S$192.4 million in Seoul’s G-Square City Retail Complex.

Singapore investors take $1bn Alibaba stake

Japan’s SoftBank Group is selling $8.9 billion worth of shares in China’s Alibaba Group Holding.

GIC and Shinsegae sign $197m Incheon mall deal

Singapore’s sovereign wealth fund GIC and Korean department store Shinsegae are partnering to develop a new Incheon mall.

GIC acquires half share of mall

Singapore sovereign fund GIC has acquired a 50 per cent stake in Viviana Mall in Thane, near Mumbai, for about US$150 million.

GIC invests in Carrefour Indonesia

Singapore sovereign wealth fund GIC has agreed to invest IDR 5.2 trillion into PT Trans Retail, operator of the Carrefour Indonesia and TranSmart retail networks.

Singapore’s GIC buys into US malls

GIC, the Singapore government’s sovereign wealth fund, has formed a joint venture to invest in five retail malls in the US.

Singaporeans buy into Westfield centres

Westfield’s shopping centres parent Scentre Group has sold Singapore’s sovereign wealth fund GIC a 49 per cent stake in five New Zealand centres worth a total $NZ2.1 billion ($A1.96 billion). Under…

Singaporeans buy Italian mall

GIC, Singapore’s sovereign wealth fund, has taken full ownership of a high grade regional shopping mall near Rome. The company says it has acquired a 50 per cent interest in RomaEst Shopping Cent…