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William Huang GDS

GDS International Raising $1B in Equity to Fund 1GW Data Centre Expansion

William Huang GDS

2024/10/30 by Christopher Caillavet Leave a Comment

The international unit of Shanghai-based GDS Holdings has signed agreements to raise $1 billion in equity to help fund the development of up to 1 gigawatt of data centre capacity.

The Series B funding round for GDS International is supported… Read More>>

The international unit of Shanghai-based GDS Holdings has signed agreements to raise $1 billion in equity to help fund … Read more>>>

Chinachem Group CEO Andy Cheung

Chinachem Wins Hong Kong Site Tender With $131M Bid and More Asia Real Estate Headlines

Chinachem Group CEO Andy Cheung

2024/10/30 by Michael Cole Leave a Comment

Locally based builder Chinachem has been awarded a residential site in Hong Kong’s New Territories, with that story leading today’s headline roundup. Also making the list, GLP cancels a bond sale over insufficient demand and Mapletree Industrial Trust completes a… Read More>>

Locally based builder Chinachem has been awarded a residential site in Hong Kong’s New Territories, with that story … Read more>>>

Louise Kavanagh of Nuveen

Nuveen Buys Seoul Tower From IGIS for $250M to Enter Korean Office Market

Louise Kavanagh of Nuveen

2024/10/30 by Christopher Caillavet Leave a Comment

Nuveen Real Estate has made its first splash in Asia’s hottest office market with the purchase of a central Seoul building for a reported KRW 350 billion ($250 million).

The Chicago-based fund manager acquired the Jeongdong Building in the South… Read More>>

Nuveen Real Estate has made its first splash in Asia’s hottest office market with the purchase of a central Seoul … Read more>>>

Matt Walker, CEO of student housing for Mapletree

Mapletree Marketing $583M UK Student Housing Portfolio

Matt Walker, CEO of student housing for Mapletree

2024/10/29 by Kevin He Leave a Comment

Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) properties totaling 4,844 beds, as the Temasek Holdings-backed property firm continues to rejig its S$6.2 billion student accommodation portfolio.

The assets are owned… Read More>>

Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) … Read more>>>

Stuart Gibson, ESR Group Co-founder and Co-CEO

ESR Co-CEO Stuart Gibson to Speak at Mingtiandi Tokyo Forum on 12 Nov

Stuart Gibson, ESR Group Co-founder and Co-CEO

2024/10/29 by Kevin He Leave a Comment

ESR Group co-founder and co-CEO Stuart Gibson is slated to take the stage at Mingtiandi’s inaugural Japan Forum on 12 November, with the industry veteran set to provide insights from more than 15 years in Japan’s industrial real estate sector.

… Read More>>

ESR Group co-founder and co-CEO Stuart Gibson is slated to take the stage at Mingtiandi’s inaugural Japan Forum on 12 … Read more>>>

Josh Daitch, ESR

ESR Raises $325M for First South Korea Real Estate Credit Fund

Josh Daitch, ESR

2024/10/29 by Christopher Caillavet Leave a Comment

Hong Kong-listed ESR has raised $325 million for its first real estate credit strategy in South Korea, as the industrial builder and fund manager seeks to address a shortfall of financing options in Asia’s fourth-largest economy.

The new fund will… Read More>>

Hong Kong-listed ESR has raised $325 million for its first real estate credit strategy in South Korea, as the industrial … Read more>>>

William Tay, CEO of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Occupancy Falls to 92% and More Asia Real Estate Headlines

William Tay, CEO of CapitaLand Ascendas REIT

2024/10/29 by Michael Cole Leave a Comment

Singapore-listed CapitaLand Ascendas REIT reports falling occupancy as the US portfolio sees more unused space, with that story leading today’s headline roundup. Elsewhere in the world of S-REITS, Frasers Centrepoint Trust posts flat distribution per unit and Mapletree Pan Asia… Read More>>

Singapore-listed CapitaLand Ascendas REIT reports falling occupancy as the US portfolio sees more unused space, with … Read more>>>

Fiona Cho, chief operating officer for Asia Pacific and senior portfolio manager at PGIM Real Estate

PGIM JV Confirms $99.9M Stamford Court Buy for Singapore Value-Add Project

Fiona Cho, chief operating officer for Asia Pacific and senior portfolio manager at PGIM Real Estate

2024/10/28 by Christopher Caillavet Leave a Comment

PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall for S$132 million ($99.9 million) in a joint venture with private equity startup Elevate Capital Group, confirming a Mingtiandi report from August.

… Read More>>

PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall … Read more>>>

GLP Capital Partners Japan president Yoshiyuki Chosa

GLP Japan Boss Chosa Set for Spotlight Interview at Mingtiandi Tokyo Forum on 12 Nov

GLP Capital Partners Japan president Yoshiyuki Chosa

2024/10/28 by Kevin He Leave a Comment

Yoshiyuki Chosa, Japan president with GLP Capital Partners (GCP), will take the stage at Mingtiandi’s inaugural Japan Forum on 12 November, with the executive set provide insights from more than 20 years in the country’s industrial real estate industry, while… Read More>>

Yoshiyuki Chosa, Japan president with GLP Capital Partners (GCP), will take the stage at Mingtiandi’s inaugural Japan … Read more>>>

Liam Wee Sin, Group Chief Executive of UOL

UOL Teams With CapitaLand to Buy Singapore Condo Complex for Reduced $612M

Liam Wee Sin, Group Chief Executive of UOL

2024/10/28 by Christopher Caillavet Leave a Comment

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo … Read more>>>

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