Temasek Holdings-backed ST Telemedia Global Data Centres has teamed up with Samsung Group’s property investment arm and an unnamed institutional investor to develop a 30 megawatt data centre in Seoul, marking its second facility in South Korea’s fast-growing digital infrastructure… Read More>>
Singapore Includes Bukit Timah Residential Site, Marina South Project in Land Sale Schedule
Singapore’s Urban Redevelopment Authority is including a residential site in Bukit Timah on a confirmed list of six sites to be put on the auction block in the second half of this year as authorities move to replenish the city’s… Read More>>
Warburg Pincus Leads $250M Financing for Novaland Vietnam Projects
Warburg Pincus has led a $250 million investment backing a pipeline of projects being developed by Vietnam’s Novaland, cementing its reputation as the largest private equity investor in the fast-growing Southeast Asian nation.
In an an announcement to the Ho… Read More>>
SingHaiYi, UOL Place High Bids as Two SG Projects Sell for $1.49B
SingHaiyi Group has set the highest bid for the largest new residential project sold in Singapore over the past four years, with the developer controlled by mysterious mainland tycoon Gordon Tang offering S$1.28 billion ($1 billion) for a plot which… Read More>>
Lendlease Beats CapitaLand for $2.2B Redevelopment of Singtel HQ in Singapore
Lendlease bested rival CapitaLand for a S$3 billion ($2.2 billion) redevelopment project in Singapore as the Lion City’s largest telecom provider announced Wednesday that it would team up with the Australian builder to rebuild its Orchard area headquarters.
The two… Read More>>
Morgan Stanley Buys Four Shanghai Area Sheds From Singapore’s SC Capital
The real estate investment arm of banking titan Morgan Stanley has acquired a portfolio of four logistics assets in cities surrounding Shanghai from Singapore-based SC Capital Partners for an undisclosed sum, Mingtiandi has learned.
Morgan Stanley Real Estate Investing (MSREI)… Read More>>
ESR, C&W Point to Robots, Solar Power in Quest for Efficient Shipping: MTD TV Asia Logistics Forum 2022
Leading e-commerce players like Alibaba and JD.com are cutting their fulfillment costs to around half of the industry… Read More>>
Unnamed Chinese National Buying Singapore Luxury Apartment for Record $14.6M
The boss of Singapore-based entertainment firm Cityneon Holdings is in the process of selling his apartment on the city’s posh Nassim Road to a Chinese national for S$20 million ($14.6 million), according to CBRE, as demand for luxury homes remains… Read More>>
Emerging Markets to Benefit From Supply Chain Diversification, Search for Yield: MTD TV Asia Logistics Forum 2022
Investors are turning to Asia’s emerging logistics markets, including India, Indonesia and Vietnam, as the search… Read More>>
Investors Confident in South Korea’s Logistics Market Despite Headwinds Asia Logistics Forum 2022
South Korea’s logistics real estate market is on track for continued growth this year despite challenges from… Read More>>
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