Joint Venture Ventas and GIC Merge Funds Worth $930 Million

Ventas Inc. is the real estate and housing trust that has recently joined forces with GIC Pvt Ltd., a Singaporean sovereign wealth fund for a joint venture worth $930 million. The mega project will acquire 1.4 million-square-foot of land for the completion of four different U.S.-based projects. These projects are currently in progress in Philadelphia, Pittsburgh, and Phoenix.

The R&I industry is making waves. One such example is that of Ventas and other organizations that have joined hands to enhance the R&I industry.

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The Joint Venture Details 

Ventas expects an expansion in its R&I portfolio through this newly formed pact. The organization is also participating in the structural deve...

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