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https://www.wsj.com/articles/gic-to-acquire-japan-logistic-assets-for-800-million-7c57c450

GIC to Acquire Japan Logistic Assets for $800 Million

By P.R. Venkat
FILE PHOTO: A GIC sign is pictured at their office in Singapore July 26, 2022. REUTERS/Anshuman Daga/File Photo Photo: ANSHUMAN DAGA/REUTERS

Singapore sovereign-wealth fund GIC Pvt. Ltd. will acquire a portfolio of six logistics facilities in Japan for $800 million from alternative asset manager Blackstone Inc.

The portfolio comprises modern warehouses with an average age of five years across Japan, GIC said in a statement Friday.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.