CIC Poised to Buy Logicor for $13.4 Billion

May 31, 2017 by Loch Adamson

  • Print
  • Please login
This week, China Investment Corp. stakes a claim to Blackstone's London-based logistics and warehouse company Logicor; Malaysia's Khazanah Nasional signals its interest in applying sustainable investing metrics to its portfolio; and Temasek Holdings' venture-capital arm, Vertex, readies the launch of new funds in Israel and the US. CIC Pulls Ahead in Battle to Buy European Warehouse Giant China’s flagship sovereign wealth fund, China Investment Corp. (CIC), is poised to become one of Europe’s largest logistics owners with the pending acquisition of London-based logistics and warehouse company Logicor. Based on formal bids submitted last Thursday, CIC has reportedly emerged as the leading contender for the warehouse company, which is owned by New York-based alternatives giant the Blackstone Group. If the deal goes through, the sale would mark the largest private real estate transaction struck in…

Sign-up for your free account to read this article

Get Started

Already have an account?

Log In Here

Updated Fund Profiles

Our market-leading fund profile library provides unrivalled analysis of more than 90 government and sovereign funds.

Register to read fund profiles

Recent SWF Investments

Search the database of direct investments and mandates by fund, industry and target market to identify past deals that match your requirements. Access over $1 trillion worth of transactions dating back to the 1960s.

Register to explore our data

Latest SWF News

Sovereign Wealth Center makes staying abreast of the most recent government and sovereign fund events easy. Our team undertakes a thorough review of global news feeds every morning and distills salient points.

Register for the latest SWF news
Join the discussion:

To be able to print this content,
you must be a subscriber

For details on your subscription options,
please contact: