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Janil Puthucheary Singapore

Singapore Confirms Data Centre Permit Process Will Kick Off in Q2

Janil Puthucheary Singapore

2022/03/09 by Beatrice Laforga Leave a Comment

A Singaporean official has confirmed that regulators will start accepting applications for development of new data centre next quarter as part of a pilot program to reopen the city to development of new server facilities after a hiatus of more… Read More>>

A Singaporean official has confirmed that regulators will start accepting applications for development of new data … Read more>>>

Darren Hawkins

Gaw-Centrin JV Teams Up With SpaceDC to Support China Data Centres

Darren Hawkins

2022/03/09 by Christopher Caillavet Leave a Comment

Gaw Capital Partners and Centrin Data have engaged Singapore-based SpaceDC to sell rack space and services at their joint venture’s data centres in China.

Hong Kong family-run firm Gaw and Beijing-headquartered Centrin set up the JV in 2019 as the… Read More>>

Gaw Capital Partners and Centrin Data have engaged Singapore-based SpaceDC to sell rack space and services at their … Read more>>>

Scott Choi Actis

Actis Adds Partners in Seoul, Mumbai in Global Leadership Upgrade

Scott Choi Actis

2022/03/09 by Pawara Laothamatas Leave a Comment

Actis this week announced a series of global partner promotions, including upgrading senior executives in South Korea and India active in data centres and renewable energy, as the London-based fund manager continues to emphasise infrastructure and real estate investments.

The… Read More>>

Actis this week announced a series of global partner promotions, including upgrading senior executives in South Korea … Read more>>>

hui wing mau shi mao

Shimao Group Faces $2.5B in 2022 Bond Payments and More Asia Real Estate Headlines

hui wing mau shi mao

2022/03/09 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Shimao Group stares at $2.5 billion in bond payments coming due in 2022, Hong Kong property agency Full Mark temporarily shuts down as COVID-19 rages, and London-based Pi Labs cinches $90… Read More>>

In today’s roundup of regional news headlines, Chinese developer Shimao Group stares at $2.5 billion in bond payments … Read more>>>

Rushabh Desai, CEO, Varsity Group Asia Pacific

Rush Desai to Step Down as Head of Asia Pacific for Allianz Real Estate

Rushabh Desai, CEO, Varsity Group Asia Pacific

2022/03/09 by Michael Cole Leave a Comment

After building Allianz Real Estate into one of Asia Pacific’s most active investors, Rushabh Desai is leaving the property investment division of the European insurance heavyweight to pursue other interests, according to the Munich-based firm.

“After more than five years,… Read More>>

After building Allianz Real Estate into one of Asia Pacific’s most active investors, Rushabh Desai is leaving the … Read more>>>

sherman kwek CDL

Hongkong Land Singapore Unit Buys 49% Stake in CDL Project

sherman kwek CDL

2022/03/08 by Beatrice Laforga Leave a Comment

Hongkong Land’s Singapore unit MCL Land is set to grow its portfolio of luxury Lion City condos by teaming up with local developer City Developments Ltd (CDL) for a four-tower residential complex project in the city-state’s lower east coast area.

… Read More>>

Hongkong Land’s Singapore unit MCL Land is set to grow its portfolio of luxury Lion City condos by teaming up with local … Read more>>>

George Hongchoy, Executive Director & CEO, Link REIT

Link REIT Secures $12B Sustainability-Linked Loan From 16 Banks

George Hongchoy, Executive Director & CEO, Link REIT

2022/03/08 by Christopher Caillavet Leave a Comment

Hong Kong-listed Link REIT has obtained a $12 billion sustainability-linked loan (SLL) in a deal touted by the trust’s manager as the biggest ever for a green credit facility in Asia’s real estate sector.

Link REIT signed with 16 banks… Read More>>

Hong Kong-listed Link REIT has obtained a $12 billion sustainability-linked loan (SLL) in a deal touted by the trust’s … Read more>>>

Dominic Brown Cushman

Double-Digit Growth Projected for APAC Property Investment Through 2023

Dominic Brown Cushman

2022/03/08 by Christopher Caillavet Leave a Comment

Despite a COVID-led easing in the current quarter, Asia Pacific’s real estate transaction volume is on track for double-digit growth in 2022 and 2023 as an economic recovery invigorates the occupier sector, according to a report from Cushman & Wakefield.

… Read More>>

Despite a COVID-led easing in the current quarter, Asia Pacific’s real estate transaction volume is on track for … Read more>>>

Paul Chan Finance Minister

Hong Kong Halves Rent Relief Period to 3 Months and More Asia Real Estate Headlines

Paul Chan Finance Minister

2022/03/08 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s government backtracks on its planned six-month rent moratorium, Chinese developer Shimao reports slumping sales at its Shanghai-listed unit, and proxy advisors sign off on the proposed merger of ESR-REIT and ARA… Read More>>

In today’s roundup of regional news headlines, Hong Kong’s government backtracks on its planned six-month rent … Read more>>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Buys Melbourne Site to Kick Off $370M Aussie Student Accommodation JV

Ruban Kaneshamoorthy of Brookfield

2022/03/07 by Beatrice Laforga Leave a Comment

Brookfield Asset Management has entered the student accommodation market in Australia, kicking off its first development project in Melbourne under a portfolio that it aims to grow to over A$500 million ($370.5 million) as the country reopens its borders to… Read More>>

Brookfield Asset Management has entered the student accommodation market in Australia, kicking off its first development … Read more>>>

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