Asia real estate and outbound investment news
Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.
ESR and Stack will jointly build… Read More>>
Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.
The average vacancy level for retail space in… Read More>>
Sunac China has sold nearly 90 percent of its interest in a development project in Shanghai’s Huangpu district to a pair of state-owned investment firms for an estimated RMB 12 billion ($1.7 billion), as the troubled mainland builder continues to… Read More>>
LaSalle Investment Management has agreed to buy a mixed-use tower in an upscale Tokyo neighbourhood from Blackstone for close to JPY 13.5 billion ($98 million), Mingtiandi has learned, adding to its Japan core property fund as leasing improves in the… Read More>>
A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>
A Shanghai-based entrepreneur is betting that the people of Shanghai are committed to peace, and that they’re willing to pay for it.
Peace is the name of a new startup from a former head of technology for WeWork in Greater… Read More>>
Mainland billionaire couple Celine and Gordon Tang are moving to further consolidate control over their Singapore property empire by taking developer Chip Eng Seng private in an all-cash buyout offer that values the company at S$565 million ($411 million).
The… Read More>>
US real estate investment trust DigitalBridge Group is acquiring a 49 percent interest in AIMS Data Centre from Malaysian telecom firm Time dotCom for RM 2.01 billion ($438 million), with plans to grow the data centre platform in Southeast Asia,… Read More>>
Luring workers back to office post-pandemic is forcing employers and landlords to employ more flexible working strategies and incorporate new technologies into the workplace, according to property experts who joined an MTD TV panel on Tuesday.
“I think within… Read More>>
The Australian arm of Frasers Property is acquiring a pair of Sydney business parks from Dexus Industria REIT for a discounted price of A$160.5 million ($106.2 million) as the Singaporean heavyweight continues to boost its global presence.
Frasers Property Australia… Read More>>
