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Mapletree Trust Adds to US Data Centre Portfolio with $204M-Plus Virginia Buy

2020/09/15 by Michael Cole Leave a Comment

Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.

The unspecified server farm, which is believed… Read More>>

Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a … Read more>>>

Alex Ju Chindata

Bain-Backed Asia Data Centre Startup Files for NASDAQ IPO

Alex Ju Chindata

2020/09/14 by Michael Cole Leave a Comment

The private equity rush to cash in on Asian data centre demand achieved a new milestone this month when a Beijing-based startup backed by Bain Capital filed for a NASDAQ IPO.

Chindata Group Holdings filed its Form F-1 registration statement… Read More>>

The private equity rush to cash in on Asian data centre demand achieved a new milestone this month when a Beijing-based … Read more>>>

humbert pang gaw

Gaw Closes on $1.3B for ADIA-Backed China Data Centre Fund

humbert pang gaw

2020/09/07 by Mingtiandi Team Leave a Comment

On Monday, Hong Kong-based Gaw Capital Partners announced it had closed on $1.3 billion in equity for its first data centre fund just ten months after launching the mainland China-focused platform in November 2019.

In a statement, the real estate… Read More>>

On Monday, Hong Kong-based Gaw Capital Partners announced it had closed on $1.3 billion in equity for its first data … Read more>>>

Alex Ju Chindata

Bain-Backed APAC Data Center Platform Chindata Said Prepping for $400M US IPO

Alex Ju Chindata

2020/09/03 by Elizabeth Kerr Leave a Comment

Bain Capital-backed Chinese hyperscale data centre operator Chindata Group is getting ready to make its debut on the New York Stock Exchange later this month, according to a report by Reuters on 1 September citing sources familiar with the planned… Read More>>

Bain Capital-backed Chinese hyperscale data centre operator Chindata Group is getting ready to make its debut on the New … Read more>>>

Digital Edge CEO Samuel Lee

US Private Equity Firm Ties Up With Equinix Vets for $1B APAC Data Centre Fund

Digital Edge CEO Samuel Lee

2020/09/03 by Elizabeth Kerr Leave a Comment

Asia Pacific’s fast-developing market for server hosting facilities got a bit more crowded last month as a New York-based private equity firm teamed up with a group of veteran tech executives to set up a $1 billion data centre platform,… Read More>>

Asia Pacific’s fast-developing market for server hosting facilities got a bit more crowded last month as a New … Read more>>>

nigel clarkson Stratus

CEO of Cromwell-Backed Data Centre Platform Previously Convicted of Stealing From Clients

nigel clarkson Stratus

2020/08/21 by Michael Cole Leave a Comment

Australia’s Cromwell Property Group appeared to have latched onto a hot opportunity last month when it announced a new investment platform, together with a pair of partners, that would soon invest $1 billion in Europe’s fast-growing data centre sector.

However,… Read More>>

Australia’s Cromwell Property Group appeared to have latched onto a hot opportunity last month when it announced a new … Read more>>>

Jeremy Deutsch Equinix

Equinix Spent $252M Buying Singapore, India Data Centres Last Week

Jeremy Deutsch Equinix

2020/08/17 by Michael Cole Leave a Comment

As demand for cloud services heats up in Asian markets, data centre developer and operator Equinix has struck a deal to purchase a server facility in Singapore, just days after purchasing a pair of similar properties in India.

In Singapore,… Read More>>

As demand for cloud services heats up in Asian markets, data centre developer and operator Equinix has struck a deal to … Read more>>>

china mobile

China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site

china mobile

2020/08/10 by Diana Li Leave a Comment

When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by nearly 56 percent, according to an announcement by the Lands… Read More>>

When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction … Read more>>>

Tongzhou Beijing

GDS, CITIC Fund Take on 63MW Data Centre in Beijing

Tongzhou Beijing

2020/07/29 by Mingtiandi Team Leave a Comment

GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to develop a new data centre in suburban Beijing, as the mainland server facility specialist ramps… Read More>>

GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Investing RMB 1.5B to Build First Mainland China Data Centre

Alpha Investment Partners CEO Alvin Mah

2020/07/26 by Jonathan Burgos Leave a Comment

Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.

… Read More>>

Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a … Read more>>>

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