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Rangu Salgame, Chairman & CEO, Co-Founder, PDG

Spotlight Interview with Princeton Digital Group and Warburg Pincus MTD TV APAC Data Centre Forum 2023

Rangu Salgame, Chairman & CEO, Co-Founder, PDG

2023/08/21 by Danita Phaopat Leave a Comment

Having recently announced a $1 billion investment strategy for developing data centres in Singapore, Indonesia and Malaysia, leading pan-Asia hyperscale specialist Princeton Digital Group returns to the Mingtiandi APAC Data Centre Forum in a spotlight interview session with one of… Read More>>

Having recently announced a $1 billion investment strategy for developing data centres in Singapore, Indonesia and … Read more>>>

Mark Fong, Empyrion DC

Spotlight Interview with Empyrion DC and Seraya Partners MTD TV APAC Data Centre Forum 2023

Mark Fong, Empyrion DC

2023/08/21 by Danita Phaopat Leave a Comment

The Mingtiandi APAC Data Centre Forum 2023 concludes with an exclusive interview with Singapore-based green data centre operator Empyrion DC and their partner, infrastructure platform investor Seraya Partners.

With a facility in Singapore and plans to expand in other Southeast… Read More>>

The Mingtiandi APAC Data Centre Forum 2023 concludes with an exclusive interview with Singapore-based green data centre … Read more>>>

Ho Chit - SF REIT

Asia Real Estate People in the News 2023-08-21

Ho Chit - SF REIT

2023/08/21 by Michael Cole Leave a Comment

Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from around Asia Pacific, with a REIT of mainland logistics properties naming a new chairman and a local developer saying farewell… Read More>>

Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from … Read more>>>

Chen Xuping Longfor

Longfor H1 Profit Edges Up 0.6% as Q1 Strength Outweighs Recent Slide

Chen Xuping Longfor

2023/08/19 by Christopher Caillavet Leave a Comment

Longfor Group Holdings said its first-half core profit rose 0.6 percent year-on-year to RMB 6.6 billion ($910 million), as one of China’s biggest developers escaped the first half with a profit, thanks to a strong first quarter.

While revenue fell… Read More>>

Longfor Group Holdings said its first-half core profit rose 0.6 percent year-on-year to RMB 6.6 billion ($910 million), … Read more>>>

ESR Kawanishi

ESR Breaks Ground on Osaka Logistics Park Touted as Largest in Japan

ESR Kawanishi

2023/08/19 by Christopher Caillavet Leave a Comment

Industrial giant ESR has begun construction of a warehouse complex northwest of Osaka, billing the project as Japan’s largest-ever logistics park with a planned gross floor area of 750,000 square metres (8 million square feet).

Located 30 minutes from Osaka… Read More>>

Industrial giant ESR has begun construction of a warehouse complex northwest of Osaka, billing the project as Japan’s … Read more>>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

China Evergrande Seeks US Bankruptcy Protection and More Asia Real Estate Headlines

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

2023/08/19 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, embattled builder China Evergrande files for US bankruptcy protection as it looks to finalise debt restructuring plans, and the number of properties entangled in a Singapore money-laundering probe reaches 105. Also making the… Read More>>

In today’s roundup of regional news headlines, embattled builder China Evergrande files for US bankruptcy protection as … Read more>>>

Xu Jiayin of Evergrande (Getty Images)

Evergrande Onshore Unit Probed by Regulator Over Alleged Disclosure Violations

Xu Jiayin of Evergrande (Getty Images)

2023/08/17 by Beatrice Laforga Leave a Comment

China Evergrande Group said on Wednesday that it is facing a probe by China’s securities watchdog on alleged violations of rules regarding disclosure of financial information, with the embattled property developer later that day saying it will delay a scheduled… Read More>>

China Evergrande Group said on Wednesday that it is facing a probe by China’s securities watchdog on alleged violations … Read more>>>

William Tay Capitaland

CapitaLand Ascendas REIT Buys Fifth UK Data Centre in Northwest London for $160M

William Tay Capitaland

2023/08/17 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 million ($159.6 million), marking the Singapore-listed trust’s fifth server-hosting facility in the United Kingdom.

The purchase consideration took into account an agreed value… Read More>>

CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 … Read more>>>

Yang Huiyan Country Garden

Country Garden Raises Doubts on Onshore Bond Payments as Offshore Default Looms

Yang Huiyan Country Garden

2023/08/17 by Christopher Caillavet Leave a Comment

Chinese developer Country Garden appears headed for a full-scale restructuring after announcing Wednesday that “significant uncertainties” exist regarding the settlement of onshore bonds with an issued amount in excess of RMB 14.6 billion ($2 billion).

The lion’s share of the… Read More>>

Chinese developer Country Garden appears headed for a full-scale restructuring after announcing Wednesday that … Read more>>>

Stephen Schwarzman Blackstone

Blackstone and KKR Bid for Korean Pension Debt and More Asia Real Estate Headlines

Stephen Schwarzman Blackstone

2023/08/17 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, fund management colossi Blackstone and KKR throw their hats in the ring to manage a Korean pension fund’s overseas real estate debt, and jilted investors vent their rage at a Chinese shadow bank…. Read More>>

In today’s roundup of regional news headlines, fund management colossi Blackstone and KKR throw their hats in the ring … Read more>>>

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