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Beatrice Laforga

EdgeConnex Kelvin Fong

EQT’s EdgeConneX Acquires Lippo-Mitsui Indonesia Data Centre JV

2022/05/01 by Beatrice Laforga, Michael Cole Leave a Comment

EdgeConneX, a digital infrastructure provider backed by Swedish private equity firm EQT, has entered the Indonesia market with the acquisition of a local data centre joint venture from Mitsui and Lippo Group’s PT Multipolar Technology.

EdgeConneX said in a press… Read More>>

Julian Salisbury Goldman

Goldman Sachs Asset Management Raises $3.5B for Global Real Estate Strategy

2022/04/27 by Beatrice Laforga Leave a Comment

Goldman Sachs Asset Management has raised $3.5 billion for its latest global real estate strategy, according to a recent announcement by the company, with a portion of that fund already committed to projects in Asia.

The vehicle dubbed Real Estate… Read More>>

Samuel Lee - Digital Edge

Digital Edge Kicks Off $1B Korea Data Centre as Gaw Jumps into Seoul Server Shed Market

2022/04/26 by Beatrice Laforga Leave a Comment

Data centre startup Digital Edge has formed a KRW 1 trillion ($1 billion) joint venture to build a 120 megawatt server facility near Seoul which will rank as South Korea’s largest when completed, according to an announcement on Tuesday.

“Korea… Read More>>

YTL Power managing director Dato’ Yeoh Seok Hong

Malaysia’s YTL Developing 500MW Sustainable Data Centre Campus in Johor’s Iskandar

2022/04/26 by Beatrice Laforga Leave a Comment

Malaysian-listed YTL Power International is developing a 500 megawatt data centre campus just across the border from Singapore joining an investor rush to build infrastructure for the region’s growing data traffic.

YTL Power’s digital infrastructure arm YTL Data Center Holdings… Read More>>

Goh Wee Ping

GIC Buying 49% Stake in Aussie Student Housing Portfolio for $407M

2022/04/25 by Beatrice Laforga Leave a Comment

A fund managed by SGX-listed real estate investment firm Wee Hur Holdings is selling a nearly half-stake in an Australian student housing portfolio for A$567.86 million ($407.24 million), with market sources identifying the buyer to Mingtiandi as a unit of… Read More>>

Chelsfield, Nick Loup

Chelsfield Eyes Hong Kong Opportunities After Opening SG Office Project

2022/04/23 by Beatrice Laforga, Michael Cole Leave a Comment

After leasing out its most recent Singapore value-add project to Alibaba and its Lazada unit, real estate investment firm Chelsfield Asia is on the lookout for distressed assets in its Hong Kong home base as it gears up for more… Read More>>

Anthea Lee Keppel

Keppel DC REIT Unit Price Slides After Revenue, Income Drop in Q1

2022/04/21 by Beatrice Laforga Leave a Comment

Keppel DC REIT’s stock price has dropped by seven percent since Tuesday after the manager of the SGX-listed trust reported declines in both net property income and revenue in the first quarter compared to the initial three months of 2021.

… Read More>>

Manasseh Meyer

Historic Singapore Estate Overlooking Lee Kuan Yew Residence for Sale at $220M

2022/04/20 by Beatrice Laforga Leave a Comment

A Singapore mansion located just five minutes walk from the former residence of late Prime Minister Lee Kuan Yew has been put up for sale in a rare chance to grab a freehold residential site in the city’s posh Orchard… Read More>>

Chelsfield, Nick Loup

ARA, Chelsfield Say Sale of Singapore’s Lazada One Heading into Final Stages

2022/04/19 by Beatrice Laforga Leave a Comment

ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>

tim-cook

Apple Buying Singapore Industrial Building From Yanlord Unit for $40M

2022/04/18 by Beatrice Laforga Leave a Comment

Apple is buying an industrial building in Singapore’s Ang Mo Kio area from a unit of listed developer Yanlord Land Group for S$55 million ($40.3 million), according to people familiar with the matter,

Already the anchor tenant of the two-building… Read More>>

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