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Christopher Caillavet

William Tay, CEO of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Developing $70M South Carolina Logistics Project

2024/11/16 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).

CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>

Tony Tan CICT

CapitaLand Commercial REIT Sells WeWork-Leased Singapore Tower for $510M

2024/11/14 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust sold its 21 Collyer Quay office tower in Singapore’s Raffles Place to an undisclosed buyer on Monday for S$688 million ($510.8 million), the SGX-listed REIT’s manager announced Tuesday.

The sale price is equal to an independent… Read More>>

Malcolm Maclean Star Asia

KKR, Pacifica, Star Asia, Axe Share Insights Into Japan’s Hotel Gold Rush: MTD TV

2024/11/14 by Christopher Caillavet Leave a Comment

Some of the most prominent players in Japan’s sizzling hospitality market discussed the country’s tourism boom and the importance of international-branded hotels in attracting foreign guests as part of Tuesday’s Mingtiandi Tokyo Forum. Watch the full recording>>

Four experts from… Read More>>

Mark Fong, Empyrion DC

Singapore’s Empyrion Developing 12MW Bangkok Data Centre as First Thai Project

2024/11/14 by Christopher Caillavet Leave a Comment

Empyrion Digital has entered a fifth Asian market with the development of an edge co-location data centre in Bangkok, marking the Singapore-based firm’s maiden investment in Thailand.

The Bangkok facility, dubbed TH1, spans more than 9,960 square metres (107,209 square… Read More>>

Tetsuya Fujita of CBRE IM

Unified, ESR, CBRE IM, Rava See Opportunities and Obstacles in Japan Sheds: MTD TV

2024/11/14 by Christopher Caillavet Leave a Comment

Japan remains a coveted market for developers and fund managers keen to expand their warehouse portfolios, even as higher construction and labour costs conspire to curb new supply, industrial panellists said Tuesday at the Mingtiandi Tokyo Forum. Watch the full… Read More>>

Taiyo Taimi Norges

AXA, UBS, Alyssa, Norges Share Top Japan Strategies at Tokyo Forum

2024/11/13 by Christopher Caillavet Leave a Comment

Asia’s most active real estate market continues to offer investment opportunities across an array of asset classes, decision-makers from four major players said Tuesday at the Mingtiandi Tokyo Forum, which was sponsored by Yardi. Watch the full recording>>

A panel… Read More>>

GLP Yoshiyuki Chosa

GLP Japan Preps for Cold Storage Demand as E-Commerce Soars

2024/11/13 by Christopher Caillavet Leave a Comment

The head of Japan’s second-largest logistics operator took the stage at Tuesday’s Mingtiandi Tokyo Forum with a frosty message: cold storage is shaping up as the big warehouse trend for 2025 in the world’s fourth-largest economy. Watch the full recording>>

… Read More>>

GIC chief executive Lim Chow Kiat

Singapore’s GIC Sells Back Half-Stake in UK Mall for 55% Off Buy Price

2024/11/11 by Christopher Caillavet 1 Comment

GIC has sold its 50 percent interest in Westquay for £135 million ($174 million), or nearly 55 percent less than what the Singapore sovereign fund paid for the half-stake in the southern England mall more than seven years ago.

The… Read More>>

HMC Capital managing director and CEO David Di Pilla

Australia’s HMC Capital Buying Local Data Centre Operator Iseek for $263M

2024/11/11 by Christopher Caillavet Leave a Comment

HMC Capital has agreed to buy Australian data centre platform Iseek for A$400 million ($263 million) in a cash-and-stock deal, following closely on the fund manager’s purchase of digital infrastructure giant Global Switch’s Down Under business.

Sydney-based HMC will pay… Read More>>

Alok-Aggarwal Brookfield

Brookfield India REIT Swings to Six-Month Profit as Office Market Outperforms

2024/11/08 by Christopher Caillavet Leave a Comment

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, reversing a year-earlier loss of INR 250.5 million, as Asia’s most populous country continues to lead all regional markets… Read More>>

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