Realty Income Establishes Strategic Partnership with GIC
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Realty Income establishes strategic partnership with GIC. * Programmatic JV with GIC for a $1.5+ billion partnership * Expanding to Mexico in scale with $200 million takeout commitment for USD-denominated, long-term leased industrial portfolio * GIC closes on cornerstone investment in Realty Income's U.S. Core Plus fund [SAN DIEGO, CALIFORNIA, January 12, 2026] Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company(R), today announced the establishment of a strategic relationship with GIC. The partnership will initially entail (1) the formation of a programmatic joint venture primarily focused on build-to-suit development of high-quality logistics real estate pre-leased under long-term net leases to tenants with investment grade-equivalent credit profiles in the U.S. The JV will have over $1.5 billion of combined capital commitments from Realty Income and GIC; (2) the construction financing and take out purchase commitment from Realty Income of a $200 million build-to-suit, U.S. dollar-denominated industrial portfolio in Mexico, representing Realty Income's first investment in Mexico; and (3) GIC closing as a cornerstone investor in Realty Income's U.S. Core Plus fund. This relationship is expected to be long-term and programmatic in nature and is a component of Realty Income's private capital initiative aimed at diversifying its sources of...
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