Asia real estate and outbound investment news
Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully-fitted facility in Guangdong province, for RMB 635.9 million ($98 million), as mainland assets continue to attract investors assembling regionwide server-hosting portfolios.
Situated within the… Read More>>
Germany’s Patrizia Immobilien has appointed former Mitsubishi real estate executive Katsumi Nakamoto as its new president and representative director in Japan, according to an announcement by the Augsburg-based fund manager.
Previously the president and chief executive of Diamond Realty Management,… Read More>>
In today’s roundup of regional news headlines, Keppel-managed Prime US REIT acquires an office complex in sunny San Diego, debt-stricken developer China Evergrande scraps a planned special dividend, and CDL Hospitality Trusts broadens its mandate to include student housing and… Read More>>
Hong Kong-based telecom operator PCCW is selling its data centre business to DigitalBridge, a New York Stock Exchange-listed real estate investment trust that was known as Colony Capital until one month ago, for $750 million, according to a notice to… Read More>>
A senior-level promotion at developer Hines’s Greater China operation leads Mingtiandi’s roundup of personnel moves this week, with Shenzhen-based Kaisa Group adding more than the usual level of drama by appointing a 22-year-old daughter of group chairman Kwok Ying Shing… Read More>>
Singapore sovereign wealth fund GIC has teamed up with Swiss private equity firm Partners Group and Melbourne-based hospitality operator Salter Brothers to acquire a portfolio of 11 Travelodge hotels in Australia with a gross asset value of A$620 million ($457.3… Read More>>
With climate change and industrial innovation threatening to shorten the lifespans of real estate assets, many property developers and fund managers globally are looking for technologies which will help to protect properties against premature obsolescence.
Measuring the extent to which… Read More>>
Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center First, with a project in the nearby Indonesian city of Batam.
Industry veteran Wong Ka Vin leads Data Center First as co-founder… Read More>>
Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 percent slice of Starbucks’ Korea operation, as the American coffee firm exits a joint venture with Shinsegae… Read More>>
A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>
