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Blackstone buys GIC's S$2.05b stake in logistics venture

Blackstone's latest purchase is its largest investment in Asia under the almost US$100 billion "core plus" strategy, which focuses on long-term investments in developed markets and is the biggest driver of fee-related earnings at the firm.

The deals add to earlier purchases in Asia including a Singapore office building and 38 residential assets in Japan's cities of Tokyo and Osaka.

https://bt.sg/o8vW

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