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Bridge Data Centres

Bridge Data Centres Buys Thai Facility to Grow SE Asia Network

Bridge Data Centres

2022/08/25 by Michael Cole Leave a Comment

Singapore-based Bridge Data Centres has acquired a 450KW server facility in Thailand, the company said, signalling its continued expansion in the ASEAN region.

The subsidiary of Bain Capital-backed Chindata will buy the centre in Samut Prakan, south of Bangkok, from… Read More>>

Singapore-based Bridge Data Centres has acquired a 450KW server facility in Thailand, the company said, signalling its … Read more>>>

Zhuang Yuekai of Xiamen C&D

China Investigates Directors of 3 State-Run Developers

Zhuang Yuekai of Xiamen C&D

2022/08/24 by Iris Hong Leave a Comment

China on Tuesday announced four separate investigations of current and former senior executives at three of the country’s largest state-owned real estate companies over allegations of “serious violations of discipline and law”.

A notice posted by the anti-corruption office in… Read More>>

China on Tuesday announced four separate investigations of current and former senior executives at three of the … Read more>>>

Thijs Aaten

APG Promotes Thijs Aaten to Asia Chief Executive

Thijs Aaten

2022/08/24 by Michael Cole Leave a Comment

Dutch pension fund manager APG Asset Management on Wednesday announced the promotion of Thijs Aaten to chief executive for Asia, replacing departing Asia boss Wim Hazeleger, at the same time that it named a new chief finance and risk officer… Read More>>

Dutch pension fund manager APG Asset Management on Wednesday announced the promotion of Thijs Aaten to chief executive … Read more>>>

Yui Yu JD Logistics

JD Logistics Revenue Leaps 20.9%, Loss Narrows Despite Challenges

Yui Yu JD Logistics

2022/08/24 by Christopher Caillavet Leave a Comment

JD Logistics narrowed its first-half loss and saw revenue jump 20.9 percent year-on-year to RMB 58.6 billion (now $8.5 billion), as the Chinese warehouse operator weathered uncertainties in the macro environment and the resurgence of COVID-19 at home.

The logistics… Read More>>

JD Logistics narrowed its first-half loss and saw revenue jump 20.9 percent year-on-year to RMB 58.6 billion (now $8.5 … Read more>>>

Martin Lee Ka-shing Henderson Land Development

Henderson Land Underlying Profit Drops 34% as Bosses Urge End to Quarantine

Martin Lee Ka-shing Henderson Land Development

2022/08/24 by Christopher Caillavet Leave a Comment

Henderson Land Development on Tuesday said underlying profit attributable to shareholders fell 34 percent year-on-year in the first half of 2022, with geopolitical strife and Hong Kong’s harsh COVID-19 policies looming large in the blue-chip builder’s murky prospects.

The group’s… Read More>>

Henderson Land Development on Tuesday said underlying profit attributable to shareholders fell 34 percent year-on-year … Read more>>>

china housing

Investors Expect $130B in Losses on Chinese Bonds and More Asia Real Estate Headlines

china housing

2022/08/24 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, investors fret over billions in expected losses on Chinese developers’ offshore bonds, Shenzhen-based Logan Group’s shares nosedive as trading resumes on the Hong Kong stock exchange, and Ping An Insurance defends its call… Read More>>

In today’s roundup of regional news headlines, investors fret over billions in expected losses on Chinese developers’ … Read more>>>

Shan Weijian PAG

PAG Said in Talks to Buy Theme Park in Nagasaki, Japan for $655M

Shan Weijian PAG

2022/08/23 by Michael Cole Leave a Comment

Japan’s overstretched travel industry could be providing an investment opportunity for yet another international private equity firm, as PAG is reported to be in talks for a JPY 90 billion ($655 million) acquisition.

The Hong Kong-based fund manager is tipped… Read More>>

Japan’s overstretched travel industry could be providing an investment opportunity for yet another international private … Read more>>>

Lawrence Wong Singapore

Google Unveils Third Singapore Data Centre in Jurong, Marks 15 Years in City-State

Lawrence Wong Singapore

2022/08/23 by Christopher Caillavet Leave a Comment

Google on Tuesday announced the start of operations at its third data centre in Singapore, a multi-storey development in Jurong, as part of festivities celebrating 15 years of the US tech giant’s presence in the city-state.

The power-up of the… Read More>>

Google on Tuesday announced the start of operations at its third data centre in Singapore, a multi-storey development in … Read more>>>

PM Lee 780

Redevelopment of Singapore’s Paya Lebar Could Create 150,000 New Homes

PM Lee 780

2022/08/23 by Beatrice Laforga Leave a Comment

Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the coming decade would pave the way for up to 150,000 new homes and allow for taller buildings in nearby towns, a… Read More>>

Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the … Read more>>>

hui wing mau shi mao

Shimao Proposes 8-Year Debt Repayment Plan and More Asia Real Estate Headlines

hui wing mau shi mao

2022/08/23 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, debt-saddled developer Shimao floats a proposal to repay $11.8 billion over eight years, a Shanghai mega-mall reels from COVID-led lockdowns, and Link REIT extends a rent holiday for Hong Kong tenants.

Read More>>

In today’s roundup of regional news headlines, debt-saddled developer Shimao floats a proposal to repay $11.8 billion … Read more>>>

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