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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>>>

Tom Woolhouse JLL

APAC Cold Storage Investment Headed for $5B a Year Within a Decade: JLL

Tom Woolhouse JLL

2022/08/23 by Christopher Caillavet Leave a Comment

The wide adoption of online grocery shopping and food delivery could see investment in Asia Pacific’s cold storage market quintuple to between $4 billion and $5 billion a year by 2032, according to JLL.

Meanwhile, demand for cold storage in… Read More>>

The wide adoption of online grocery shopping and food delivery could see investment in Asia Pacific’s cold storage … Read more>>>

Raymond Poh, CEO, SDAX

Spotlight Interview with Raymond Poh and Jamie Chua of SDAX MTD TV APAC Data Centre Forum 2022

Raymond Poh, CEO, SDAX

2022/08/23 by Danita Phaopat Leave a Comment

Launched in July this year following a S$24 million ($17.3 million) Series B funding round, Singapore-based integrated digital investment and trading platform SDAX offers accredited and retail investors access to tokenised investment opportunities through blockchain technology.

In a spotlight interview… Read More>>

Launched in July this year following a S$24 million ($17.3 million) Series B funding round, Singapore-based integrated … Read more>>>

trent iliffe

Logos, Manulife Launch Korea Core JV With $200M Seoul Logistics Centre

trent iliffe

2022/08/22 by Christopher Caillavet Leave a Comment

Industrial developer and fund manager Logos has set up its second partnership with Canadian finance giant Manulife, establishing a Korean core joint venture seeded with the $200 million forward purchase of a warehouse project near Seoul.

Upon completion in early… Read More>>

Industrial developer and fund manager Logos has set up its second partnership with Canadian finance giant Manulife, … Read more>>>

Wong Ping of Frasers

Frasers Property Sets Up Fund Management Arm, Taps Wong Ping as CIO

Wong Ping of Frasers

2022/08/22 by Christopher Caillavet Leave a Comment

The financialisation of Singapore’s real estate industry took another step forward on Monday as Frasers Property announced the creation of a new business unit aimed at raising and managing capital from institutions for investment in the company’s real estate initiatives.

… Read More>>

The financialisation of Singapore's real estate industry took another step forward on Monday as Frasers Property … Read more>>>

Donald Choi Chinachem

Hong Kong’s Chinachem Said Buying TikTok London HQ for $187M

Donald Choi Chinachem

2022/08/22 by Pawara Laothamatas Leave a Comment

Hong Kong developer Chinachem Group has taken its expansion spree international with the £158 million ($186.2 million) purchase of TikTok’s London headquarters as its first British acquisition, according to a report by the UK’s React News.

Just one week after… Read More>>

Hong Kong developer Chinachem Group has taken its expansion spree international with the £158 million ($186.2 million) … Read more>>>

China Rate Cut Boosts Developer Stocks and More Asia Real Estate Headlines

2022/08/22 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a deeper-than-expected rate cut by China’s central bank sparks a rally in developer stocks, South Korea’s government requests changes in Mirae Asset’s $3 billion deal for IFC Seoul, and MGM China injects cash… Read More>>

In today’s roundup of regional news headlines, a deeper-than-expected rate cut by China’s central bank sparks a rally in … Read more>>>

Cheah Kim Teck Mapletree

Asia Real Estate People in the News 2022-08-22

Cheah Kim Teck Mapletree

2022/08/22 by Michael Cole Leave a Comment

New appointments at a pair of Singapore-listed industrial REITs lead Mingtiandi’s roundup of personnel moves this week with Mapletree Industrial Trust naming a new independent, non-executive director and ESR-Logos REIT annointing a new chief financial officer. There are also new… Read More>>

New appointments at a pair of Singapore-listed industrial REITs lead Mingtiandi’s roundup of personnel moves this week … Read more>>>

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