Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by … Read more>>
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>>
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>>
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>>
The day after several banks were reported to have stopped offering mortgages for unfinished units at China Evergrande’s Hong Kong residential projects, the mainland’s most-indebted developer scored a rare win by resolving a dispute with one of its creditors.
China… Read More>>
Alibaba’s vice chairman Joseph Tsai has seen his company’s stock price take a beating this year, but that hasn’t stopped him from buying the third most expensive home in American history.
The billionaire e-commerce entrepreneur and Jack Ma running buddy… Read More>>
CapitaLand’s $15.9 billion plan to privatise its development operation and spin off its fund management business is set to go to shareholders next month after receiving approval from the board of Southeast Asia’s largest real estate business.
“This restructuring is… Read More>>
Asset management giant Brookfield and data centre REIT Digital Realty have agreed to set up a joint venture to develop, own and operate data centres in India, gaining a foothold in one of the world’s largest and fastest-growing markets for… Read More>>
Singapore sovereign wealth fund GIC and the Canada Pension Plan Investment Board are headed back stateside, joining with commercial developer Boston Properties to create a co-investment programme targeting acquisitions of US office properties.
The trio are committing an aggregate $1… Read More>>
Japanese finance group Mitsui has won backing from the Canada Pension Plan Investment Board (CPPIB) to invest in developing hyperscale data centres in Japan as demand for data grows in Asia’s most developed economy.
The $397.4 billion Toronto-based giant has… Read More>>
ACR Asset Management has reeled in one of Japan’s biggest developers, Mitsubishi Estate, to invest in a building in Beijing’s Zhongguancun area recently acquired by the GLP-backed real estate fund manager.
ACR, founded by former Cushman & Wakefield greater China… Read More>>