Singapore wealth fund buys Paris office tower for â¹3,950 cr
Singapore's sovereign wealth fund GIC has agreed to buy an office tower in Paris's La DefÃ©nse business district for $539 million (â¹3,950 crore). The fund is buying the 40-storey Tour Ariane, which has a gross lettable area of 64,500 square meters, from French real estate firm Unibail-Rodamco-Westfield. GIC manages assets worth over $100 billion in more than 40 countries.