Asia Pacific real estate investment news and information
A joint venture of Mitsubishi Corporation and Digital Realty has opened a second data centre at the NRT campus in Chiba prefecture, growing the partnership’s portfolio to three facilities in Greater Tokyo and seven overall in Japan.
The new 34-megawatt… Read More>>
Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International has become the latest Asian investor to acquire a hotel in the City of Light with a €120 million ($130.2… Read More>>
Mitsubishi Corporation will take its partnership with Digital Realty beyond Japanese shores, with the companies announcing a fresh joint venture to support development of two data centres in northern Texas at an investment cost that could reach $800 million.
The… Read More>>
China’s second-biggest developer finds itself under the microscope today, with Vanke’s resurgent debt woes once again leading Mingtiandi’s headline roundup. Also in the news, Hong Kong home sales soar in the wake of scrapped cooling measures and Singapore landlords wrestle… Read More>>
Keppel Ltd on Monday announced the structural completion of Keppel DC Singapore 8 as the developer’s latest data centre asset.
The purpose-built, carrier-neutral co-location facility is the second of three planned complexes within the Keppel Data Centre Campus at 82… Read More>>
China Vanke aims to raise RMB 1.16 billion ($160 million) from a Shenzhen-listed infrastructure REIT seeded with three warehouse parks from the mainland property giant’s industrial division, VX Logistics.
The proposed spin-off would comprise an initial portfolio of two assets… Read More>>
Sankei Real Estate has agreed to buy out the remaining 49 percent interest it does not own in a central Tokyo office building for JPY 7.5 billion ($50 million), with the TSE-listed REIT also set to acquire a 40 percent… Read More>>
Japan’s NTT UD REIT has agreed to increase its 15 percent interest in a Tokyo mixed-use complex to 34.2 percent via a JPY 14.9 billion ($99 million) stake acquisition from the trust’s sponsor.
The complex, known as Granpark, is a… Read More>>
Vietnam’s best-known industrial builder has hired former Ally Logistic Property executive Gene King as chief investment officer, according to an announcement today.
King’s appointment to the newly created position at BW Industrial Development takes effect immediately, as the Warburg Pincus-backed… Read More>>
Seletar Mall in northeastern Singapore has moved one step closer to new ownership after SGX-listed Paragon REIT declined to buy the asset for S$550 million ($409 million), paving the way for its potential acquisition by Robert Kuok’s Allgreen Properties.
The… Read More>>
