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Asia Real Estate Tracker (12-May-2026): GIC Seeks Minority Investor for $2.2B Aussie Student Housing.
SUMMARY
- GIC is actively seeking a minority investor for its $2.2 billion Australian student housing platform, Iglu.
- Stockland is in the process of obtaining approval for a new 250MW data center campus located in Melbourne.
- A REIT is currently negotiating the sale of Sydney office properties valued at $362 million, indicating market activity.
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- Asia Real Estate Tracker (12-May-2026): GIC Seeks Minority Investor for $2.2B Aussie Student Housing.12 May 2026
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