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Mark Smith - Digital Realty APAC

Digital Realty Spends $66M for Seoul Site to Build 64MW Data Centre

Mark Smith - Digital Realty APAC

2021/07/31 by Christopher Caillavet Leave a Comment

US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.

The world’s largest data centre trust plans to… Read More>>

US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had … Read more>>>

Safeco Plaza Tower - Seattle

GIC JV With CPPIB, Boston Properties Buys Seattle Tower and More Asia Real Estate Headlines

Safeco Plaza Tower - Seattle

2021/07/31 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a GIC-backed joint venture buys a Seattle skyscraper, ESR Australia boosts its logistics investments with new capital commitments, and two more companies accuse indebted developer China Evergrande of failing to pay bills… Read More>>

In today’s roundup of regional news headlines, a GIC-backed joint venture buys a Seattle skyscraper, ESR Australia … Read more>>>

Peter Woo Wheelock

Wheelock Wins New Territories Residential Plot With $540M Bid

Peter Woo Wheelock

2021/07/29 by Christopher Caillavet Leave a Comment

Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu Tung, where Wheelock Properties on Wednesday topped 11 rival bids to win a development site for HK$4.19 billion ($540 million).

The site, known… Read More>>

Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu … Read more>>>

Stan Tang

Stan Group Sells Hong Kong Industrial Building to China Resources for $290M

Stan Tang

2021/07/29 by Christopher Caillavet Leave a Comment

In Hong Kong’s biggest en-bloc industrial transaction this year, local property firm Stan Group has sold the East Asia Industrial Building (Phase One) in the New Territories for HK$2.24 billion ($290 million).

The asset sale is the fourth in less… Read More>>

In Hong Kong’s biggest en-bloc industrial transaction this year, local property firm Stan Group has sold the East Asia … Read more>>>

Keppel Selling Chengdu Project to Vanke for $239M and More Asia Real Estate Headlines

2021/07/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Keppel Land exits a residential development project in China, PropertyGuru says it may consider a future Asian listing after it goes public in New York, and electric car maker Tesla leases a… Read More>>

In today’s roundup of regional news headlines, Keppel Land exits a residential development project in China, … Read more>>>

Sachin Doshi Weave

Weave Buys Kai Tak Hotel to Add to Hong Kong Multi-Family Portfolio

Sachin Doshi Weave

2021/07/29 by Michael Cole Leave a Comment

Warburg Pincus-backed Weave Living has agreed to purchase a Kai Tak hotel as its sixth Hong Kong property, spending close to HK$390 million ($50 million) for the asset as the multi-family residential specialist continues to expand its portfolio.

Weave is… Read More>>

Warburg Pincus-backed Weave Living has agreed to purchase a Kai Tak hotel as its sixth Hong Kong property, spending … Read more>>>

Richard Li, Founder and Chairman, Pacific Century Group

Richard Li, Peter Thiel to Take PropertyGuru Public in $1.78B SPAC Deal 

Richard Li, Founder and Chairman, Pacific Century Group

2021/07/29 by Christopher Caillavet Leave a Comment

After pulling the plug on its Australian IPO almost two years ago, Singapore-based PropertyGuru is ready for another attempt at a public listing through a merger with a special purpose acquisition company (SPAC) backed by billionaires Richard Li and Peter… Read More>>

After pulling the plug on its Australian IPO almost two years ago, Singapore-based PropertyGuru is ready for another … Read more>>>

nagasaki-night-view-iStock-668084118-1024x600

ESR Plans $1B Data-Logistics Centre in Japan Casino and More Asia Real Estate Headlines

nagasaki-night-view-iStock-668084118-1024x600

2021/07/28 by Michael Cole Leave a Comment

Hong Kong-listed ESR is ready to help Japan take its integrated resorts to the next level as news of plans by the company to build a combined data centre and warehouse facility in a Nagasaki casino project leads today’s headline… Read More>>

Hong Kong-listed ESR is ready to help Japan take its integrated resorts to the next level as news of plans by the … Read more>>>

Anthea Lee Keppel

Singapore’s Keppel DC REIT Buying First China Data Centre for $98M

Anthea Lee Keppel

2021/07/27 by Christopher Caillavet Leave a Comment

Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully fitted facility in Guangdong province, for RMB 635.9 million ($98 million), as mainland assets continue to attract investors assembling regionwide server-hosting portfolios.

Situated within… Read More>>

Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully fitted facility in … Read more>>>

Nakamoto

Germany’s Patrizia Names Katsumi Nakamoto President of Japan Business

Nakamoto

2021/07/27 by Pawara Laothamatas Leave a Comment

Germany’s Patrizia Immobilien has appointed former Mitsubishi real estate executive Katsumi Nakamoto as its new president and representative director in Japan, according to an announcement by the Augsburg-based fund manager.

Previously the president and chief executive of Diamond Realty Management,… Read More>>

Germany’s Patrizia Immobilien has appointed former Mitsubishi real estate executive Katsumi Nakamoto as its new … Read more>>>

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