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Singapore's GIC acquires nine Carrefour assets in Brazil for $241m

Singapore's state investor GIC announced that it has partnered with Barzel Properties to acquire nine Carrefour assets in Brazil for about $241 million. ....

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Brazilian retailer GPA to sell up to 17 properties to GIC-backed fund for $234m

The properties will be rented by cash and carry chain Assai for 25 years, which could be extended for an additional 15 years. ....

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