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Beatrice Laforga

PDG's new facility in Cibitung now up and running. (Source: PDG)

PDG Opens 22MW Jakarta Data Centre in Indonesia 

2023/09/28 by Beatrice Laforga Leave a Comment

Princeton Digital Group (PDG) has launched a 22-megawatt hyperscale data centre on the eastern outskirts of Jakarta as the hyperscale specialist continues to scale up its Indonesian presence.

PDG said earlier this week that the Jakarta Cibitung 2 facility will… Read More>>

Fairprice

Mercatus Marketing Singapore Community Retail Portfolio for $194M

2023/09/27 by Beatrice Laforga Leave a Comment

After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194 million).

Marketing… Read More>>

IOI Central Boulevard Towers

Downtown Singapore Office Rents Slip For First Time Since Pandemic

2023/09/25 by Beatrice Laforga Leave a Comment

Average rents for Grade A offices in Singapore’s central business district fell for the first time in over two years during the third quarter, sliding by 0.3 percent in the face of dipping demand and an influx of new space,… Read More>>

Singapore’s CapitaLand Investment Unveils India Business Park, Data Centre

2023/09/23 by Beatrice Laforga Leave a Comment

Singapore property heavyweight CapitaLand Investment (CLI) continues to deepen its presence in India as it opens the first phase of a business park redevelopment project in Hyderabad and kicks off construction of a 40 megawatt data centre on the same… Read More>>

VisionCrest Commercial 1

TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area

2023/09/21 by Beatrice Laforga Leave a Comment

Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>

Smart Power Use Key to APAC Data Centre Success Say Seraya, Empyrion: MTD TV

2023/09/20 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/866242066?h=1415c77cfaVideo can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2022: Spotlight Interview with Empyrion DC and Seraya Partners (https://player.vimeo.com/video/866242066?h=1415c77cfa)

Keeping pace with rapidly expanding data centre demand in Asia Pacific requires expertise in running… Read More>>

Hong Kong Commercial Tower on the Market After Being Seized by Receivers

2023/09/19 by Beatrice Laforga Leave a Comment

A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for tender in the latest case of a sale by receivers in the Asian financial capital.

Colliers was appointed by the property’s… Read More>>

CapitaLand Investment Expands Core-Plus Fund into Korea with $83M Logistics Buy

2023/09/18 by Beatrice Laforga Leave a Comment

Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for S$112 million ($82.5 million), making its first buy in Korea and the initial industrial deal on behalf of its flagship regional core-plus fund.

CLI’s… Read More>>

Rendering of Lakegarden Residences

Singapore Home Sales Retreat From July Peak as Supply Slows

2023/09/16 by Beatrice Laforga Leave a Comment

Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers rolled out fewer projects.

Data from the Urban Redevelopment Authority (URA) on Friday showed that developer sales of new homes… Read More>>

ESR, CapitaLand, Nuveen, JLL See Rising Data Centre Demand in Japan, Korea: MTD TV

2023/09/14 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/864268315?h=e6adfc1644Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Opportunities for Data Centres in Japan and Korea (https://player.vimeo.com/video/864268315?h=e6adfc1644)

  Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>

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