Asia Pacific real estate investment news and information
Singapore-based Digital Edge has paid $165 million to acquire a controlling interest and become the largest shareholder in data centre operator PT Indointernet Tbk.
The investment in the Indonesian firm, known as Indonet for short, brings Digital Edge’s regional portfolio… Read More>>
Only three months after opening its first hyperscale facility in Asia, Equinix on Monday announced a deal with Singapore sovereign wealth fund GIC to inject a further $3.9 billion into growing the US firm’s xScale data centre programme.
Through a… Read More>>
Just two months after Singapore developer Low Keng Huat hired away a top executive from local investment firm Sun Venture, the two companies are swapping stakes in a pair of long-standing joint ventures.
Low Keng Huat announced to the Singapore… Read More>>
Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new Singapore home as it prepares to move into the building owned by ARA Asset Management and UK-based Chelsfield.
Earlier this year,… Read More>>
Not yet six months old, ESR Kendall Square REIT has added its second warehouse in the past week, as Korea’s first publicly listed logistics trust continues to build its portfolio.
The KRX-listed trust announced late Thursday that it had completed… Read More>>
Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by billionaire Gordon Wu, had agreed to sell the Kowloonbay International Trade and Exhibition Centre for HK$10 billion ($1.3 billion).
No official announcement… Read More>>
A swift rebound in China is breathing life back into Asia Pacific’s economy this year, with logistics and residential among the property sectors benefiting the most, according to research by PGIM Real Estate.
In its recently released 2021 Global Outlook… Read More>>
Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>
After bringing aboard Tom Woolhouse earlier this year to lead its Singapore-based logistics and industrial team for Asia Pacific, JLL has made two more outside hires to boost its shed-shifting power.
Tan Boon Leong and Ng Ee Kiat, both jumping… Read More>>
The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.
The five hotels among 15 EHT… Read More>>
