GIC completed the acquisition of a 40% stake in The Oxford Science Park for $217m.

GIC, a sovereign wealth fund, completed the acquisition of a 40% stake in The Oxford Science Park, a science and technology park, for $217m. ‘We are delighted to welcome GIC as a partner in The Oxford Science Park, and look forward to working together to enhance TOSP’s position as the science park of choice for leading science and technology companies. As a long-term investor with a strategic outlook, its objectives are aligned with ours, those of our occupiers and of Magdalen College," Rory Maw, The Oxford Science Park CEO.