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Singapore’s GIC Finds Third REIT Target in as Many Months

Fund Teams With Centerbridge Partners on $663 Million Offer for Indus Realty Trust
Indus Realty owns the roughly 400,000-square-foot Carolina Tradeport III at Tuckaseegee in Charlotte, North Carolina. (Scott Brotherton/CoStar)
Indus Realty owns the roughly 400,000-square-foot Carolina Tradeport III at Tuckaseegee in Charlotte, North Carolina. (Scott Brotherton/CoStar)
CoStar News
November 28, 2022 | 7:48 P.M.

Eager to acquire North American properties, Singapore’s sovereign wealth fund is taking aim at another U.S. real estate investment trust, its third participation in a merger offer in as many months.

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