Rangu Salgame, chairman, CEO and co-founder of Princeton Digital Group
In today’s real estate news from across Asia Pacific and beyond, Princeton Digital Group pushes towards a one-gigawatt data centre footprint in India, Bain Capital’s Bridge Data Centres seeks a record $6 billion loan for Thailand, and CapitaLand is said to be closing in on a major UK self-storage acquisition.
PDG Acquires 210MW in India, Building Towards 1GW Portfolio
Princeton Digital Group has acquired 210 megawatts of data centre capacity across new sites in Mumbai and Hyderabad, bringing its total planned and operating capacity in India to one gigawatt, the company said. The expansion nearly doubles PDG’s planned capacity in India.
PDG has committed $2.5 billion to India since entering the market in 2022. The Singapore-headquartered operator now spans seven countries in Asia with a portfolio exceeding 1.8GW. Read more>>
CapitaLand Investment Said in Talks to Buy $1.3B UK Access Self Storage Portfolio
CapitaLand Investment, the Singapore-based real estate asset manager majority-owned by Temasek, is in discussions to acquire the 57-facility Access Self Storage portfolio in the UK for more than £1 billion ($1.3 billion), according to two people familiar with the matter.
Access Self Storage, owned by the Lalji family through investment vehicle Precis Advisory, reported revenue of £27.9 million last year. JP Morgan is representing Access in the deal. Read more>>
Bridge Data Centres Seeks Up to $6B Loan for Thailand Expansion
Bain Capital-owned Bridge Data Centres is in talks with lenders for a loan of up to $6 billion to fund the company’s expansion in Thailand, according to people familiar with the matter.
The proposed financing, which would rank among the largest data centre borrowings in Asia, is likely to carry a 12-month tenor, the sources said, though details could change. Read more>>
Stoneweg Europe Stapled Trust Divests Warsaw Office Asset for $25.8M
Singapore-listed Stoneweg Europe Stapled Trust has agreed to divest Riverside Park, a Warsaw office asset, for €22.5 million ($26 million), the trust’s manager announced. The multi-tenant property spans 12,631 square metres (135,959 square feet) of net lettable area.
Proceeds will support reinvestment in logistics, light industrial and data centre assets, as the trust targets exposure to those sectors of over 70 percent by 2027, the manager said. Read more>>
Daiwa Securities Living REIT Buys Four Japan Homes for $44.6M, Sells Two
Daiwa Securities Living Investment Corporation has agreed to acquire four residential properties in Tokyo and Osaka for a combined JPY 7.1 billion ($44.7 million), the REIT’s manager announced. The purchases are scheduled for completion on 1 May 2026.
The trust has also agreed to divest two residential assets in Tokyo for a combined JPY 2.9 billion, generating an estimated combined gain of JPY 820 million on transfer. Read more>>
Mitsubishi Estate Logistics REIT Sells Two Saitama Warehouses for $22M
Mitsubishi Estate Logistics REIT has agreed to sell two logistics facilities in Kazo, Saitama prefecture, for a combined JPY 3.5 billion ($22 million), according to an announcement from the trust’s manager.
The two properties, MJ Logipark Kazo 1 and MJ Logipark Kazo 2, are aged between 20 and 30 years, the manager said. Gains from the sale are scheduled to be fully distributed to unitholders during the fiscal period ending August 2026. Read more>>
GLP Bond Distress Adds to China Vanke’s Restructuring Woes
China Vanke’s outlook has worsened as bonds of Singapore-based logistics firm GLP slump to distressed levels, undermining a key developer asset. GLP’s $1 billion bond due in 2028 fell to 75 cents on the dollar last week.
Vanke carries roughly $50 billion in debt and holds a 21 percent stake in GLP through its Hong Kong subsidiary. GLP disputed a report that China’s regulator guided insurers to restrict transactions with its Chinese arm. Read more>>
Tokyo Used Condo Price Gains Stall as Policies Damp Demand
Price gains in Tokyo’s used condo market are stalling as rising interest rates and government policies weigh on buyer demand, Bloomberg reported. The Bank of Japan raised its policy rate to 0.75 percent in December 2025, pushing mortgage costs higher.
Used condo transactions across Greater Tokyo rose 3.1 percent year-on-year to 3,343 units in January, according to REINS data, though growth has slowed sharply compared with the double-digit gains recorded in late 2025. Read more>>
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