GIC, CPPIB to buy D-Cube Retail Mall for $263 mln

GIC and Canada Pension Plan Investment Board said Monday they have entered into a joint venture to buy acquire the D-Cube Retail Mall in Seoul, South Korea for $263 million. Daesung Industries is the seller. GIC and CPPIB will each own a 50 percent stake in the D-Cube Retail Mall.

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