CFIUS Clears Real Estate Related Acquisition

The Committee on Foreign Investment in the U.S. recently cleared a U.S.-Singapore acquisition in the real estate industry, Squire Patton said in a Dec. 12 alert. CFIUS cleared the $14 billion acquisition of U.S.-based STORE Capital by Singapore-based GIC Private Limited and U.S.-based Blue Owl Capital. STORE Capital is an “internally managed net-lease real estate investment trust,” and GIC and Blue Owl are investors.