GIC Realty/Horizon Sub Fund
Transaction details
The proposed acquisition by VAIL ICAV, which is indirectly controlled by GIC Realty, of sole control of Horizon Sub-Fund, a sub-fund of HPREF ICAV, has been notified to the Competition and Consumer Protection Commission.
Case details
- Notification date:27 May 2026
- Publication date:29 May 2026
- Economic sector:Real estate activities - M
- Economic sub-sector:Real estate activities - M.68
- Simplified merger:Yes
- Outcome:Pending
Timetable
- Current deadline:
- 8 July 2026
Parties Involved
VAIL ICAV
VAIL ICAV is indirectly wholly owned by VAIL 2 LP, which is part of a partnership entered into to acquire, invest in, develop, own and manage purpose built last mile and urban logistics assets in the State, the United Kingdom and certain other jurisdictions in Europe.
GIC Realty
GIC Realty is the holding company for real estate investments made on behalf of the Government of Singapore and indirectly controls VAIL ICAV. GIC Realty is active in the commercial property sector in the State.
Horizon Sub-Fund
Horizon Sub-Fund is a sub-fund of HPREF ICAV, an umbrella Irish collective asset-management vehicle.
Contacts
Éadaoin Burns eadaoinburns@ccpc.ie
