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Jon Gray, President Blackstone

Blackstone Selling Motel 6 Lodging Brand to India’s Oyo for $525M

Jon Gray, President Blackstone

2024/09/23 by Christopher Caillavet Leave a Comment

Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian hospitality group Oyo for $525 million.

Oyo’s parent firm, Oravel Stays Ltd, will acquire G6 Hospitality in an all-cash deal,… Read More>>

Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian … Read more>>>

Priyank Shah

Rava-Backed Logicap Teams With Mitsubishi to Develop India Industrial Portfolio

Priyank Shah

2024/09/23 by Christopher Caillavet Leave a Comment

Logicap Management, an industrial investor backed by Singapore-based Rava Partners, has formed a joint venture with Japanese property giant Mitsubishi Estate to develop facilities across key industrial hubs in India.

The JV’s seed portfolio comprises assets in the National Capital… Read More>>

Logicap Management, an industrial investor backed by Singapore-based Rava Partners, has formed a joint venture with … Read more>>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

ThaiBev, TCC Assets Complete $1.7B Frasers Property Share Swap

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

2024/09/23 by Kevin He Leave a Comment

ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the transfer of its stake in Frasers Property to a private vehicle controlled by the Thai liquor tycoon, as part of a S$2.1 billion ($1.7 billion)… Read More>>

ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the … Read more>>>

Hidden Hill Capital managing partner Richard Dong

GLP-Backed Hidden Hill Hits $156M Final Close on Debut VC Fund

Hidden Hill Capital managing partner Richard Dong

2024/09/23 by Christine Low Leave a Comment

Hidden Hill Capital, a private equity investment firm backed by GLP Capital Partners, announced on Friday that its debut Hidden Hill RMB VC Fund I has reached a final close on RMB 1.1 billion ($156.1 million) in fresh cash.

The… Read More>>

Hidden Hill Capital, a private equity investment firm backed by GLP Capital Partners, announced on Friday that its debut … Read more>>>

HSBC Hong Kong

HSBC Suffers Sixfold Surge in Hong Kong Defaults and More Asia Real Estate Headlines

HSBC Hong Kong

2024/09/23 by Michael Cole Leave a Comment

Trouble at a key regional lender leads today’s headline roundup, with HSBC reporting a spike in defaults on Hong Kong commercial property loans. Also making the list, the Fed’s rate cut fails to ignite Hong Kong home sales and a… Read More>>

Trouble at a key regional lender leads today’s headline roundup, with HSBC reporting a spike in defaults on Hong Kong … Read more>>>

China Aoyuan Group, Guo Zi Wen(1)

Asia Real Estate People in the News 2024-09-21

China Aoyuan Group, Guo Zi Wen(1)

2024/09/23 by Michael Cole Leave a Comment

A major leadership change at a troubled mainland developer leads this week’s review of personnel updates from around Asia Pacific, as China Aoyuan gets a new boss. Also in the news are senior-level moves at a Singapore-listed REIT and at… Read More>>

A major leadership change at a troubled mainland developer leads this week’s review of personnel updates from around … Read more>>>

Rangu Salgame, Princeton Digital Group

Spotlight Interview with Princeton Digital Group MTD TV APAC Data Centre Forum 2024

Rangu Salgame, Princeton Digital Group

2024/09/22 by Danita Phaopat Leave a Comment

Having secured sites to deploy 500 megawatts of new  capacity across key Asia Pacific markets including India, Indonesia and Malaysia, Princeton Digital Group is positioning itself to meet  rising demand for AI-ready infrastructure among hyperscalers.

Backed by global investors Warburg… Read More>>

Having secured sites to deploy 500 megawatts of new  capacity across key Asia Pacific markets including India, Indonesia … Read more>>>

Jing Zhou, Nuveen

Panel: Investing in Asia’s Hyperscale Market MTD TV APAC Data Centre Forum 2024

Jing Zhou, Nuveen

2024/09/22 by Danita Phaopat Leave a Comment

With the rise of ChatGPT and other generative artificial intelligence (AI) tools, global demand for large-scale data centres continues to soar. According to Synergy Research, the number of hyperscale facilities worldwide surpassed 1,000 in early 2024, with that capacity predicted… Read More>>

With the rise of ChatGPT and other generative artificial intelligence (AI) tools, global demand for large-scale data … Read more>>>

Diarmid Massey, chief executive officer for data centres at ESR

Panel: Opportunities for Data Centres in Japan and Korea MTD TV APAC Data Centre Forum 2024

Diarmid Massey, chief executive officer for data centres at ESR

2024/09/22 by Danita Phaopat Leave a Comment

Despite regulatory challenges in developing large-scale data centers in South Korea’s Seoul Metropolitan Area, total server facility capacity is projected to surge to 3.2 gigawatts by 2027, marking a 2.4-fold increase from 2023, according to Savills Korea. At the same… Read More>>

Despite regulatory challenges in developing large-scale data centers in South Korea's Seoul Metropolitan Area, total … Read more>>>

Woon Teng Koh, Equinix

Panel: Opportunities for Data Centres in Southeast Asia MTD TV APAC Data Centre Forum 2024

Woon Teng Koh, Equinix

2024/09/22 by Danita Phaopat Leave a Comment

Southeast Asia remains the most active data centre development region in Asia Pacific, with digital infrastructure platforms boosting their operational capacity in Malaysia alone by 80 percent in the 12 months ending 30 June, making the country the region’s most… Read More>>

Southeast Asia remains the most active data centre development region in Asia Pacific, with digital infrastructure … Read more>>>

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