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Singapore Picks MS, Equinix, GDS and Airtrunk-Bytedance JV for Data Centre Permits

2023/07/16 by Beatrice Laforga Leave a Comment

Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up between AirTrunk and ByteDance have won rights to develop new data centre projects as the city-state ends a four… Read More>>

Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up … Read more>>>

Hotel Tycoon Ong Beng Seng Arrested in Singapore Transport Minister Graft Probe  

2023/07/15 by Beatrice Laforga Leave a Comment

Ong Beng Seng, co-founder and controlling shareholder of SGX-listed Hotel Properties Ltd (HPL), has been arrested and was requested by Singapore’s anti-graft agency to provide details regarding his interactions with Transport Minister S. Iswaran, who has been put on leave… Read More>>

Ong Beng Seng, co-founder and controlling shareholder of SGX-listed Hotel Properties Ltd (HPL), has been arrested and … Read more>>>

chindata data centre ChinaNorth W01

Chindata Takeover Battle Looms as Bain Refuses to Sell Shares Under CMC Offer

chindata data centre ChinaNorth W01

2023/07/15 by Christopher Caillavet Leave a Comment

Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and state-backed China Merchants Capital, with Bain having reiterated that it doesn’t plan to sell any of its shares in the Beijing-based data centre… Read More>>

Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and … Read more>>>

Li Ka-shing CK Asset

CK Asset $2.6B Sale of 21 Borrett Road Luxury Project Collapses in Hong Kong

Li Ka-shing CK Asset

2023/07/15 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset said Thursday that a deal to sell its 21 Borrett Road luxury project in Hong Kong’s Mid-Levels to Sino Suisse fell through after the Singapore-based firm failed to make the first payment on the HK$20.8 billion… Read More>>

Li Ka-shing’s CK Asset said Thursday that a deal to sell its 21 Borrett Road luxury project in Hong Kong’s Mid-Levels to … Read more>>>

McDonalds-Next-Hong-Kong

Carlyle Seeks $4B Exit Deal for McDonald’s China and More Asia Real Estate Headlines 

McDonalds-Next-Hong-Kong

2023/07/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, US private equity giant Carlyle Group reportedly seeks a buyer for part of its stake in McDonald’s China, and McKinsey warns on remote work. Also on the list, Guangzhou R&F Properties faces a… Read More>>

In today’s roundup of regional news headlines, US private equity giant Carlyle Group reportedly seeks a buyer for part … Read more>>>

Mapletree Chikushino Logistics Centre Phase 1

Mapletree Expands Japan Logistics Portfolio into Kyushu with Fukuoka Warehouse

Mapletree Chikushino Logistics Centre Phase 1

2023/07/13 by Christopher Caillavet Leave a Comment

Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of Kyushu with the development of a warehouse near Fukuoka.

The first phase of Mapletree Chikushino Logistics Centre is nearing completion this month and… Read More>>

Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of … Read more>>>

West-9-Zone-Kids

Retail a Bright Spot as Economic Slowdown Grips Hong Kong Property in First Half

West-9-Zone-Kids

2023/07/13 by Christopher Caillavet Leave a Comment

Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>

Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land … Read more>>>

Hongkong skyline

Pair of Peak Mansions Trade for $71.5M and More Asia Real Estate Headlines

Hongkong skyline

2023/07/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional headlines, a report says two mansions at Hong Kong’s Peak changed hands at a heavily discounted price, and developer GSH agrees to sell nine strata office units in Singapore’s downtown.  Also, in the news, Hong… Read More>>

In today’s roundup of regional headlines, a report says two mansions at Hong Kong’s Peak changed hands at a heavily … Read more>>>

UOL Group chairman Wee Cho Yaw

CapitaLand JV With UOL, SingLand Wins Tampines Mixed-Use Site for $900M

UOL Group chairman Wee Cho Yaw

2023/07/13 by Christopher Caillavet Leave a Comment

CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s Tampines area with a winning bid of S$1.2 billion ($900 million), the Housing and Development Board announced Tuesday.

The 50:50 JV… Read More>>

CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s … Read more>>>

Josh Daitch ESR

ESR Elevates Josh Daitch to Investment Boss, Matthew Lawson to Chief Operating Officer

Josh Daitch ESR

2023/07/13 by Christopher Caillavet Leave a Comment

ESR has promoted longtime fund manager Josh Daitch to chief investment officer and tapped ESR Australia finance chief Matthew Lawson as the Asia-focused industrial giant’s chief operating officer.

In his new role, Daitch will oversee fund management, capital raising, research… Read More>>

ESR has promoted longtime fund manager Josh Daitch to chief investment officer and tapped ESR Australia finance chief … Read more>>>

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