GIC, Dream Industrial team up to buy Canada's Summit REIT for $3.3b

GIC, Dream Industrial team up to buy Canada's Summit REIT for $3.3b

Photo: Reuters

Singapore’s sovereign wealth fund GIC and Canada’s Dream Industrial REIT will buy Canada’s Summit Industrial Income REIT for about C$4.46 billion ($3.30 billion), excluding debt, the companies said in separate statements on Monday.