GIC completed the acquisition of a US industrial portfolio from EQT Exeter for $6.8bn.

GIC, a sovereign wealth fund, completed the acquisition of a US industrial portfolio from EQT Exeter, a real estate investment management firm, for $6.8bn. One of the largest US industrial real estate transactions ever, the portfolio consists of 328 high-quality, modern supply chain and e-commerce facilities totaling 70.5m square feet, assembled through more than 100 transactions over three years