Government of Singapore Investment Corporation takes 3% stake in British Land
Just saw this on Thomson Merger News and thought this was interesting. If the big guys are doing opportunistic real estate plays doing it, why don't we do our own?
BTW, British Land was (don't know if they still are) in the top global 25 REIT according to NAREIT, so I would imagine that 3% is a pretty good chunk of change (maybe not for a multi-billion dollar sovereign fund, but for me it is).
On a side note, anyone interested in helping me contact the top 25 REITs to see if they are looking to do opportunistic plays. (We can split the finder's fee! :)
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Tags: opportunisticreal estate investment, opportunistic real estate, opportunistic investing, british land, government of singapore investment corporation, reit, sovereign wealth funds
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