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 cleared by 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:Cleared
Documents
M.26.041 Merger AnnouncementPDF | 221 KBM.26.041 Merger Announcement PDF | 221 KB - Opens in new window
Timetable
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
