Australia: NorthWest and GIC make further commitment to Australia

Canadian REIT, NorthWest Healthcare Properties Real Estate Investment Trust, and Singapore’s sovereign wealth fund, GIC, are pouring more capital into its Australian JV. In its results to end December 2021, NorthWest outlined its plans to execute a A$2.4bn (US$1.8bn) upsize of its Australian JV with GIC. The JV has already deployed, committed, or allocated A$3.4bn of the…

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