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Alibaba Announces Plans to Invest $53B in Infrastructure to Meet AI Demand

2025/02/28 by Iris Hong Leave a Comment

Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial intelligence infrastructure over the next three years, marking the largest such commitment ever by a Chinese private company.

The Chinese… Read More>>

Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial … Read more>>>

Charoen Sirivadhanabhakdi

Frasers, Gemdale JV Buys Site in Shanghai’s Songjiang and More Asia Real Estate Headlines

Charoen Sirivadhanabhakdi

2025/02/27 by Michael Cole Leave a Comment

Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>

Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that … Read more>>>

CDL chairman Kwek Leng Beng

CDL Chairman Accuses Son of ‘Attempted Coup’ as Sherman Kwek Remains CEO

CDL chairman Kwek Leng Beng

2025/02/26 by Michael Cole Leave a Comment

Investors eager for Singapore’s largest non–government controlled developer to announce its 2024 financials on Wednesday received more excitement than expected when the executive chairman and chief executive officer of City Developments Ltd issued separate statements regarding an alleged struggle for… Read More>>

Investors eager for Singapore’s largest non–government controlled developer to announce its 2024 financials on Wednesday … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree $473M Buy of Hong Kong Logistics Site Marks 57% Discount from 2022

Hiew Yoon Khong of Mapletree

2025/02/26 by Iris Hong Leave a Comment

Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>

Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 … Read more>>>

Neil Anderson, Hongkong Land

Hongkong Land Signs Up Law Firm HFW to Lease Central Floors Amid Rebound Hopes

Neil Anderson, Hongkong Land

2025/02/26 by Christopher Caillavet Leave a Comment

Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.

London-based HFW relocated… Read More>>

Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the … Read more>>>

Orix Corp CEO Makoto Inoue

Orix JREIT to Buy Osaka Hotel for $230M, Sell Pair of Tokyo Properties for $120M

Orix Corp CEO Makoto Inoue

2025/02/26 by Christopher Caillavet Leave a Comment

Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).

The TSE-listed REIT is picking up Hotel… Read More>>

Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key … Read more>>>

stephen schwarzman tb

Blackstone JV Said Planning 500MW India Data Centre and More Asia Real Estate Headlines

stephen schwarzman tb

2025/02/26 by Michael Cole Leave a Comment

Private equity titan Blackstone is reportedly involved in what’s being billed as India’s largest data centre project, with that story leading today’s headline roundup. Also in the news, Hong Kong’s Kitec convention centre adjusts its redevelopment plans and investment giant… Read More>>

Private equity titan Blackstone is reportedly involved in what’s being billed as India’s largest data centre project, … Read more>>>

Tikehau Capital co-founder Antoine Flamarion

Temasek-Backed Tikehau Launches Asia Investment Management JV With Nikko AM

Tikehau Capital co-founder Antoine Flamarion

2025/02/25 by Christopher Caillavet Leave a Comment

Tikehau Capital, the Paris-based fund manager backed by Singaporean state-owned investor Temasek, has set up a joint venture with Japan’s Nikko Asset Management to develop private asset investment strategies tailored to the Asian market.

Incorporated in Singapore at the close… Read More>>

Tikehau Capital, the Paris-based fund manager backed by Singaporean state-owned investor Temasek, has set up a joint … Read more>>>

Darryll Sinnappa

STT GDC Breaks Ground on 16MW Data Centre at Johor Campus

Darryll Sinnappa

2025/02/25 by Christopher Caillavet Leave a Comment

ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in Malaysia’s Johor state, with the 16-megawatt facility scheduled to be fully operational by the end of 2026.

The STT Johor campus spans… Read More>>

ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in … Read more>>>

John Freeman Digital Edge

Digital Edge CEO Samuel Lee Stepping Down, Former Legal Officer to Lead Data Centre Platform

John Freeman Digital Edge

2025/02/25 by Michael Cole Leave a Comment

Just over one month after closing on $1.6 billion in financing to expand its Asia footprint, regional data centre operator and investor Digital Edge has named John Freeman as its next chief executive officer, as its current CEO, Samuel Lee,… Read More>>

Just over one month after closing on $1.6 billion in financing to expand its Asia footprint, regional data centre … Read more>>>

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