Blackstone buys GIC’s $2.05 billion stake in Australian logistics venture

December 10, 2021 11:59 AM

SINGAPORE (BLOOMBERG) – Blackstone is acquiring a stake in an Australian logistics trust from Singapore sovereign wealth fund GIC for AUS$2.1 billion (S$2.05 billion), in a bet on rising e-commerce demand in the country.

Source : http://www.straitstimes.com/business/property/blackstone-buys-gics-205-billion-stake-in-australian-logistics-venture