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serene nah kerry

Mitsubishi-Digital Realty JV Opens 21MW Data Centre in Osaka

serene nah kerry

2023/02/21 by Christopher Caillavet Leave a Comment

A data centre joint venture between Mitsubishi Corporation and Digital Realty has opened a fourth building at its Osaka campus, with the latest phase offering up to 21 megawatts of IT capacity.

The addition of the new facility, dubbed KIX13,… Read More>>

A data centre joint venture between Mitsubishi Corporation and Digital Realty has opened a fourth building at its Osaka … Read more>>>

Ist mall by DaFa

EY Walks Away From Auditing Mainland Developer and More Asia Real Estate Headlines

Ist mall by DaFa

2023/02/21 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, mainland developer DaFa announces the resignation of its auditor, and HSBC’s CEO offers an upbeat take on China’s beleaguered property sector.

EY Resigns as DaFa Auditor Over 2022 Results Dispute… Read More>>

In today’s roundup of regional news headlines, mainland developer DaFa announces the resignation of its auditor, and … Read more>>>

9 Bukit Batok Street 22 Mandarin Self-Storage

Heitman Sells Singapore Self-Storage JV to Warburg Pincus-backed StorHub

9 Bukit Batok Street 22 Mandarin Self-Storage

2023/02/20 by Beatrice Laforga Leave a Comment

Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172.2 million), Mingtiandi has learned.

The sale came after the Chicago-based… Read More>>

Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed … Read more>>>

Japan’s JPR REIT to Buy Tokyo Tower From Yasuda for $48M, Unload Ageing Office Block

2023/02/20 by Christopher Caillavet Leave a Comment

Japan Prime Realty Investment Corporation is upgrading its portfolio with the purchase of a 23-storey commercial building in central Tokyo’s Chiyoda special ward for JPY 6.49 billion ($48 million) and the sale of a mid-sized office block in the same… Read More>>

Japan Prime Realty Investment Corporation is upgrading its portfolio with the purchase of a 23-storey commercial … Read more>>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

PDG Kicks Off $1B Expansion With 96MW Data Centre in Indonesia’s Batam

Rangu Salgame, Chairman & CEO, Princeton Digital Group

2023/02/20 by Christopher Caillavet Leave a Comment

Princeton Digital Group on Monday announced a $1 billion investment plan in which the company will develop data centres in its home city of Singapore and in the nearby markets of Batam and Johor as an extension of its Lion… Read More>>

Princeton Digital Group on Monday announced a $1 billion investment plan in which the company will develop data centres … Read more>>>

Martin Lee Ka-shing Henderson Land Development

Hong Kong’s Henderson Land Wins Approval for Site 3 Harbourfront Plan

Martin Lee Ka-shing Henderson Land Development

2023/02/20 by Greg Isaacson Leave a Comment

Henderson Land Development’s vision for the waterfront of Hong Kong’s Central district is one step closer to reality with the city’s Town Planning Board approving the developer’s designs for a HK$73 billion ($9.3 billion) commercial project.

The design… Read More>>

Henderson Land Development’s vision for the waterfront of Hong Kong's Central district is one step closer to reality … Read more>>>

Jingrui Dongzhimen Beijing

Jingrui Confirms $350M Default as Debt Crisis Continues and More Asia Real Estate Headlines

Jingrui Dongzhimen Beijing

2023/02/20 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, troubled developer Jingrui Holdings defaults on an offshore bond that came due this week, and Singapore sovereign fund GIC’s joint venture with Dream Industrial REIT completes its $4.4 billion acquisition of Summit REIT.

… Read More>>

In today’s roundup of regional news headlines, troubled developer Jingrui Holdings defaults on an offshore bond that … Read more>>>

Pauline Oh_CapitaLand

Asia Real Estate People in the News 2023-02-20

Pauline Oh_CapitaLand

2023/02/20 by Michael Cole Leave a Comment

Leading off this week’s collection of personnel moves from around Asia are new hires at CapitaLand Investment and Allianz Real Estate in Singapore, while Chinese real estate firms Aoyuan Healthy Life and Red Star Macalline announce changes to their boards…. Read More>>

Leading off this week’s collection of personnel moves from around Asia are new hires at CapitaLand Investment and … Read more>>>

Kerry Properties CEO Kuok Khoon Hua

Kerry Properties Wins Residential Site in Hong Kong’s Tsuen Wan with $180M Bid

Kerry Properties CEO Kuok Khoon Hua

2023/02/19 by Beatrice Laforga Leave a Comment

Kerry Properties won a residential site in Hong Kong’s New Territories for HK$1.44 billion ($180 million) to record the city’s first successful government land sale this year.

The HKEX-listed developer, through its subsidiary Wealthy Guide Ltd, has been awarded the… Read More>>

Kerry Properties won a residential site in Hong Kong’s New Territories for HK$1.44 billion ($180 million) to record the … Read more>>>

China Aoyuan Property Group chairman Guo Ziwen. Pictured at The Center in Central. 23 APRIL 2008

China Aoyuan Selling Stake in Property Management Unit for $32M

China Aoyuan Property Group chairman Guo Ziwen. Pictured at The Center in Central. 23 APRIL 2008

2023/02/18 by Christopher Caillavet Leave a Comment

China Aoyuan Group has agreed to sell a 29.9 percent stake in its property management unit for HK$256 million ($32.6 million), as the Guangzhou-based developer continues to unload assets after defaulting on $1.09 billion in offshore debt last year.

Aoyuan… Read More>>

China Aoyuan Group has agreed to sell a 29.9 percent stake in its property management unit for HK$256 million ($32.6 … Read more>>>

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