GIC buys LG Twin Towers in Beijing for more than 8b yuan | / Property news / GIC buys LG Twin Towers in Beijing for more than 8b yuan

GIC buys LG Twin Towers in Beijing for more than 8b yuan

Fresh property news selection on February 12. 2020, Wednesday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to so our editors can use them as sources.

Singapore's sovereign wealth fund GIC has acquired LG Twin Towers from South Korean conglomerate LG Group for over 8 billion yuan (S$1.59 billion).

Located in the Guomao central business district in Beijing, China, the integrated development comprises two Grade-A office towers and a retail podium, GIC said in a media statement on Wednesday.

The development has a total gross floor area of 140,680 square metres and a well-diversified tenant mix.

It is situated along Changan Avenue, a key artery road in Beijing, and offers direct access to the Yonganli subway station.

Read the full article here »

Daily Property News from Singapore

Interesting Stories related Singapore

The Most Popular Interior Designer in Singapore

Parisian Bedroom Ideas

Previous news selection

Singapore condo resale prices edge up in January: SRX

Guest blogging

Are you an aspiring writer and especially interested in real estate? Become a Guest Blogger here, on Choose a topic which suits your field of expertise and our profile as well, then create your blog post and send it to our email address For more information, visit our Guest Blogging Subpage.

About Daily Property News Selection's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.


If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at Some references would also be highly welcome to send us from among your previous publications.


Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at and our colleague will get in touch with you.