In today’s roundup of regional news headlines, data centre developer EdgeConneX announces sustainability-linked financing for its Indonesian projects, and India’s Reliance Retail works to meet a fundraising goal with support from sovereign investors. Meanwhile, troubled Chinese homebuilder Country Garden faces… Read More>>
Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment
Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics giant Prologis as its chief investment officer for Asia.
Thielke, who started her new role on 1 September, will oversee… Read More>>
Fragmented Regimes Challenge APAC Data Centre Sustainability: Nuveen
As growing requirements for information processing drive long-term demand for data centre space, Asia Pacific’s diverse political geography will present challenges for investors seeking to reach sustainability targets, according to a report from Nuveen.
APAC’s co-location data centre market is… Read More>>
China Property Credit PIcked as Biggest Global Risk and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a survey reveals investor fears that China’s property woes could trigger a systemic credit event, and South Korea’s flag carrier plans to sell Hawaii hotel assets. Also making the cut are a fund… Read More>>
GuocoLand, CDL Enter Top Bids for Lentor Central, Champions Way URA Sites
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
EdgeConneX Enters Malaysian Data Centre Market with 300MW Project Pipeline
Data centre platform EdgeConneX on Monday announced its entry into Malaysia with a plan to develop 300 megawatts of capacity across three locations.
EdgeConneX, a hyperscale specialist backed by Swedish private equity firm EQT, aims to build facilities in the… Read More>>
Hoi Hup and Sunway Win Singapore Site for $256M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
Blackstone Buys Australia’s Student One for $322M
Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.
The acquisition comprises three premium… Read More>>
Norway’s $1.4T Sovereign Fund Closing Shanghai Office in Shift to Singapore
Norges Bank Investment Management has begun the process of closing its representative office in Shanghai, as the overseer of Norway’s sovereign wealth fund continues to build up its Singapore branch as a hub of activity for all of Asia.
The… Read More>>
HSBC Hiking HK Mortgage Rate Cap by 50 Basis Points and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s main mortgage lender reportedly plans to raise its rate cap for the first time this year, and troubled developer Country Garden faces a deadline to extend a group of RMB bonds…. Read More>>
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