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Nassim Road

Singapore Bungalow on the Market for $236M and More Asia Real Estate Headlines

Nassim Road

2024/10/10 by Michael Cole Leave a Comment

A Singapore mansion owned by a local businessman leads today’s headline roundup, with the Nassim Road bungalow going back on the market at a sharply higher price after failing to sell five years ago. Also making the list, Li Ka-shing’s… Read More>>

A Singapore mansion owned by a local businessman leads today’s headline roundup, with the Nassim Road bungalow going … Read more>>>

Ronald Bausch, PGGM

Abrdn Launches Japan Real Estate Expansion With Dutch Fund Manager PGGM

Ronald Bausch, PGGM

2024/10/09 by Christopher Caillavet Leave a Comment

Scottish asset manager Abrdn is expanding its real estate business in Japan with a residential investment mandate to be managed on behalf of Dutch pension investor PGGM.

To lead the expansion, Abrdn has appointed former Idera Capital Management executive Harumi… Read More>>

Scottish asset manager Abrdn is expanding its real estate business in Japan with a residential investment mandate to be … Read more>>>

Rangu Salgame, Princeton Digital Group

Scale, Capital Key to APAC Data Centre Success, Says PDG: MTD TV

Rangu Salgame, Princeton Digital Group

2024/10/09 by Kevin He Leave a Comment

With Asia Pacific requiring an estimated $200 billion in data centre investment over the next three to five years to meet demand from AI and cloud adoption, providers with scale and operational strength will be best positioned to secure… Read More>>

With Asia Pacific requiring an estimated $200 billion in data centre investment over the next three to five years to … Read more>>>

Serena Teo, CEO of CapitaLand Ascott Trust Management (Image: CapitaLand)

CapitaLand Ascott Trust Sells Citadines Kyoto Asset to Hilton for $42M

Serena Teo, CEO of CapitaLand Ascott Trust Management (Image: CapitaLand)

2024/10/09 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust has sold a serviced apartment block in Japan’s ancient capital of Kyoto to Hilton’s vacation-home brand for JPY 6.2 billion ($42 million).

The 124-unit Citadines Karasuma-Gojo Kyoto was divested at 40.1 percent above its book value and… Read More>>

CapitaLand Ascott Trust has sold a serviced apartment block in Japan’s ancient capital of Kyoto to Hilton’s … Read more>>>

CapitaSpring

BlackRock, YTL Set to Buy Citadines Raffles Place and More Asia Real Estate Headlines

CapitaSpring

2024/10/09 by Michael Cole Leave a Comment

The world’s biggest asset manager is said to be circling a set of serviced apartments at a Singapore skyscraper, with that potential deal leading today’s headline roundup. Also making the list, Japan’s Nippon Steel backs a Melbourne apartment project and… Read More>>

The world’s biggest asset manager is said to be circling a set of serviced apartments at a Singapore skyscraper, with … Read more>>>

Michael Arougheti, Chief Executive Officer and President of Ares

Ares Management Buying GLP’s Non-China Fund Business for $3.7B

Michael Arougheti, Chief Executive Officer and President of Ares

2024/10/08 by Christopher Caillavet Leave a Comment

Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday.

The consideration for GLP Capital Partners’ business in Japan, Vietnam, Europe, the US and Brazil comprises $1.8 billion… Read More>>

Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 … Read more>>>

Edwin Wong of Baker McKenzie

APAC Data Centre Investment Set to Surge as AI Fuels Demand: MTD TV

Edwin Wong of Baker McKenzie

2024/10/08 by Kevin He Leave a Comment

With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan Investment Board ranking as the biggest data centre transaction to date, the world’s largest investors are jockeying to get on top of… Read More>>

With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan … Read more>>>

Michael Fattouh of QIC

Hines, Australia’s Haben Buying Western Sydney Mall From QIC for $605M

Michael Fattouh of QIC

2024/10/08 by Christopher Caillavet Leave a Comment

A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall from the Queensland Investment Corporation for A$900 million ($605 million).

The sale of Westpoint Shopping Centre represents the largest-ever… Read More>>

A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall … Read more>>>

Jeff Bezos

Amazon Buying Mumbai Data Centre Site and More Asia Real Estate Headlines

Jeff Bezos

2024/10/08 by Michael Cole Leave a Comment

Amazon leads this edition of Mingtiandi’s headline roundup, with the e-commerce colossus reportedly close to picking up a data centre development site near Mumbai. Also making the list, Singapore property investment perks up after the Fed’s rate cut and South… Read More>>

Amazon leads this edition of Mingtiandi’s headline roundup, with the e-commerce colossus reportedly close to picking up … Read more>>>

Jeremy Deutsch Vantage

Vantage Data Centers Taps Equinix’s Jeremy Deutsch as APAC President

Jeremy Deutsch Vantage

2024/10/07 by Christopher Caillavet Leave a Comment

US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, as the company’s Asia Pacific president.

The new role will see Deutsch tasked with driving regional growth, including strategy, market development, sales, construction… Read More>>

US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, … Read more>>>

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