Singapore-based CapitaLand’s rental housing division made a pair of overseas bets this week, with the managers of SGX-listed Ascott Residence Trust announcing the purchase of a Texas student accommodation asset and Ascott Ltd taking full ownership of Quest, Australia’s biggest… Read More>>
BDx Boss Focuses on Service, Not Buzz, to Build Asia Data Centre Network: MTD TV APAC Data Centre Forum 2021
https://player.vimeo.com/video/600753235?h=0751abe2ebVideo can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Spotlight Interview with BDx Data Centres (https://player.vimeo.com/video/600753235?h=0751abe2eb)
The head of one of Hong Kong’s few homegrown data centre networks is not afraid to… Read More>>
Fitch Says Evergrande Likely to Default as Paint Supplier Bristles Over Unpaid Debt
China Evergrande Group suffered fresh credit downgrades this week from a pair of key credit agencies, and the world’s most indebted developer also caught flack from a paint supplier for failure to repay more than RMB 100 million ($16 million)… Read More>>
Blackstone Completes $40M Purchase of North Delhi Warehouse
US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North Delhi warehouse asset for INR 295 crore ($40.1 million).
Already the country’s biggest warehouse owner, the private equity giant purchased its… Read More>>
Demographics and Demand Driving Asia Data Centre Investment Surge: MTD TV APAC Data Centre Forum 2021
https://player.vimeo.com/video/599292317?h=910591d951Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Data Centre Investment in Asia (https://player.vimeo.com/video/599292317?h=910591d951)
The regional boom in data centres shows no sign of fading as mobile data usage and demand… Read More>>
Nuveen Taps European Investors to Raise Further $213M for $2B Core APAC Fund
Nuveen Real Estate has raised a further $213.5 million for its Asia Pacific Cities strategy, with the Chicago-based fund manager securing capital commitments from four European investors.
The platform, which focuses on high-quality assets in “future-proof cities”, has raised more… Read More>>
Keppel DC REIT Adds to European Portfolio With $44M Dutch Data Centre Buy
Singapore-listed Keppel DC REIT has acquired a third data centre in the Netherlands, strengthening the trust’s foothold in a key server-hosting market and reinforcing the portfolio’s emphasis on European assets.
The REIT paid €37.2 million ($44.1 million) for the property… Read More>>
JD to Buy Controlling Stake in China Logistics Property for $513M
JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… Read More>>
Equinix Enters India with Completion of $161M Mumbai Data Centre Deal
Equinix has added two Mumbai data centres to its flagship platform after completing the acquisition of GPX Global Systems’ India operations, thus officially planting a flag in one of the fastest-growing countries for server-hosting facilities.
Under the deal first announced… Read More>>
BentallGreenOak-Metcold Partnership Acquires Beijing Cold Chain Project
China’s e-commerce giants have bet big on online grocery, and the need for specialised warehouses to distribute fresh food to hungry mainlanders is providing opportunity for North American fund manager BentallGreenOak and its partners.
Mainland logistics developer Metcold announced this… Read More>>
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