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SUNeVision-iAdvantage-Hong-Kong-Fanling-Data-Center

Singapore Named Second-Best Data Centre Market Globally as Hong Kong Rejoins Top 10

SUNeVision-iAdvantage-Hong-Kong-Fanling-Data-Center

2022/02/04 by Christopher Caillavet Leave a Comment

Hong Kong has re-entered the ranks of the top 10 data centre markets worldwide after a one-year absence, while Singapore remains Asia Pacific’s premier server-hosting hub despite supply constraints, according to a Cushman & Wakefield report.

Singapore moved up two… Read More>>

Hong Kong has re-entered the ranks of the top 10 data centre markets worldwide after a one-year absence, while Singapore … Read more>>>

Guoco Midtown2

Singapore Office Rents Expected to Rise By Up to 5% in 2022

Guoco Midtown2

2022/02/04 by Beatrice Laforga Leave a Comment

Office rents in Singapore’s central region are predicted to jump by 3 to 5 percent this year on tight supply, improved leasing sentiment and a bigger portion of the workforce returning to the office, according to analysts at Knight Frank… Read More>>

Office rents in Singapore’s central region are predicted to jump by 3 to 5 percent this year on tight supply, improved … Read more>>>

One Nine Elms

R&F London Project Stalls as Workers Unpaid and More Asia Real Estate Headlines

One Nine Elms

2022/02/04 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, workers desert a Guangzhou R&F project in London as contractor bills go unpaid, private equity firm Apollo acquires a stake in a Dalian Wanda-owned film production company, and the power struggle between Nam… Read More>>

In today’s roundup of regional news headlines, workers desert a Guangzhou R&F project in London as contractor bills … Read more>>>

Fusheng's Pan Weiming

Mainland Developer Fullsun Says Creditors Have Seized Hong Kong Project

Fusheng's Pan Weiming

2022/02/03 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Fullsun International lost control of its maiden investment in the city this week, with the developer announcing on Monday that receivers have been appointed for its 79-unit residential asset at 6 La Salle Road.

The remaining units and… Read More>>

Hong Kong-listed Fullsun International lost control of its maiden investment in the city this week, with the developer … Read more>>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Sets Up $150M US Student Housing Venture With Saudi Partner

Ascott chief executive officer Kevin Goh

2022/02/03 by Christopher Caillavet Leave a Comment

Singapore-based The Ascott Ltd will expand its US student housing empire through a $150 million development venture with Saudi investor Riyad Capital, starting with an apartment complex near the flagship university of the state of Nebraska.

Ascott, the rental housing… Read More>>

Singapore-based The Ascott Ltd will expand its US student housing empire through a $150 million development venture with … Read more>>>

Ong Jeun Jye Sun Venture

Singapore’s Sun Venture Closes on $201M Buy of WeWork London Asset

Ong Jeun Jye Sun Venture

2022/02/03 by Beatrice Laforga Leave a Comment

Singapore’s Sun Venture has completed its acquisition of a freehold office building in central London from WeWork Capital Advisors for £148 million ($201 million), keeping up a string of acquisitions by Asian investors that helped drive a record 15 trades… Read More>>

Singapore’s Sun Venture has completed its acquisition of a freehold office building in central London from WeWork … Read more>>>

Space DC CEO Darren Hawkins

Singapore’s SpaceDC Enters The Philippines With 72MW Data Centre 

Space DC CEO Darren Hawkins

2022/02/03 by Beatrice Laforga Leave a Comment

Data centre provider SpaceDC is developing a 72 megawatt hyperscale campus in the eastern Greater Manila area as its first Philippine project, as the Singapore firm aims to build the country’s first green server hosting facility.

The data centre developer… Read More>>

Data centre provider SpaceDC is developing a 72 megawatt hyperscale campus in the eastern Greater Manila area as its … Read more>>>

Yeouido 63 building Dongjak bridge

Seoul Office Deals Hit Record $14B in 2021 and More Asia Real Estate Headlines

Yeouido 63 building Dongjak bridge

2022/02/03 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, JLL reports that Seoul office deal volume hit a record level last year, creditors move to seize the assets of the firm at the centre of Amazon’s legal battles in India, and a… Read More>>

In today’s roundup of regional news headlines, JLL reports that Seoul office deal volume hit a record level last year, … Read more>>>

Jasvinder Khaira of Blackstone

Blackstone Doubles Down on China Data Centre Bet With $250M Investment in VNET

Jasvinder Khaira of Blackstone

2022/02/02 by Christopher Caillavet Leave a Comment

Blackstone will invest a further $250 million in Beijing-based data centre developer VNET Group, as the US private equity giant looks to jump-start a bet that has suffered in the wake of China’s crackdown on domestic firms listing on American… Read More>>

Blackstone will invest a further $250 million in Beijing-based data centre developer VNET Group, as the US private … Read more>>>

Chen Zhuolin

China’s Agile Group Dodging Debt Crisis With Sales of Stakes in Seven Projects

Chen Zhuolin

2022/02/02 by Christopher Caillavet Leave a Comment

Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals announced since last Friday.

The cash-strapped Guangzhou builder is selling its shareholding in two under-construction residential projects in Xuzhou,… Read More>>

Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals … Read more>>>

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