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Stuart Gibson ESR

ESR Launches JV With CloudHQ to Complete $2B Osaka Data Centre Campus

Stuart Gibson ESR

2025/01/16 by Christopher Caillavet Leave a Comment

ESR has brought in a partner to help get its Osaka data centre campus to the finish line, teaming with US builder CloudHQ on the $2 billion Cosmosquare project.

The companies will jointly build, fit out and operate Cosmosquare to… Read More>>

ESR has brought in a partner to help get its Osaka data centre campus to the finish line, teaming with US builder … Read more>>>

Anton Moldan of Macquarie

Macquarie Asset Management to Invest Up to $5B in Crypto Firm Turned Data Centre Startup

Anton Moldan of Macquarie

2025/01/16 by Christopher Caillavet Leave a Comment

Less than a month after selling its majority stake in Asia Pacific server-hosting giant AirTrunk, Macquarie Asset Management has agreed to provide up to $5 billion in funding for US data centre startup Applied Digital.

Under the deal terms, a… Read More>>

Less than a month after selling its majority stake in Asia Pacific server-hosting giant AirTrunk, Macquarie Asset … Read more>>>

Stack APAC CEO Preet Gona

US Hyperscaler Stack Enters Malaysia with 220MW Johor Campus

Stack APAC CEO Preet Gona

2025/01/16 by Bianca Cuaresma Leave a Comment

The data centre developer’s Johor Bahru project will occupy a 10.8 hectare (26.7 acre) and will include two facilities spanning 1 million square feet (92,903 square metres) when complete. Stack is designing the campus to support artificial intelligence and machine… Read More>>

The data centre developer's Johor Bahru project will occupy a 10.8 hectare (26.7 acre) and will include two facilities … Read more>>>

Tokyo Gas president Shinichi Sasayama

Tokyo Gas Tags Assets for Sale After Elliott Investment and More Asia Real Estate Headlines

Tokyo Gas president Shinichi Sasayama

2025/01/16 by Michael Cole Leave a Comment

Tokyo Gas earmarks real estate assets for sale after pressure from US activist investor Elliott Management, with that story leading today’s headline roundup. Also making the list, GuocoLand garners loans to refinance two Singapore projects and the Lion City enjoys… Read More>>

Tokyo Gas earmarks real estate assets for sale after pressure from US activist investor Elliott Management, with that … Read more>>>

Stephen Gaitanos of Scape

Scape Wins $434M Investment From Korea’s NPS for Living Sector Platform

Stephen Gaitanos of Scape

2025/01/15 by Christopher Caillavet Leave a Comment

Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity commitment from South Korea’s National Pension Service for a suite of living sector investment strategies, the parties announced Thursday.

The partnership with the $800 billion… Read More>>

Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity … Read more>>>

Ho Bee Land chief executive Nicholas Chua

Singapore’s Ho Bee Land Takes on Proprium Capital with $242M Offer for Aussie Builder

Ho Bee Land chief executive Nicholas Chua

2025/01/15 by Bianca Cuaresma Leave a Comment

With Australia already accounting for more than a third of business, Singapore property player Ho Bee Land on Wednesday made a A$390.7 million ($242.3 million) bid to add a local developer to its presence Down Under.

Ho Bee Land made… Read More>>

With Australia already accounting for more than a third of business, Singapore property player Ho Bee Land on Wednesday … Read more>>>

George H Walker

Korea’s NPS Launches $800M Real Estate JV With Neuberger Berman’s Almanac Realty

George H Walker

2025/01/15 by Christopher Caillavet Leave a Comment

South Korea’s National Pension Service has formed a private real estate venture with a unit of US investment manager Neuberger Berman, with the strategy setting an initial goal to deploy $800 million in capital in a general partner role.

The… Read More>>

South Korea’s National Pension Service has formed a private real estate venture with a unit of US investment manager … Read more>>>

Yang Huiyan Country Garden

China’s Country Garden Posts $24B Loss for 2023 and More Asia Real Estate Headlines

Yang Huiyan Country Garden

2025/01/15 by Michael Cole Leave a Comment

Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading today’s headline roundup. Also in the news, CapitaLand India Trust reveals a data centre leasing deal and Paragon REIT’s sale of an Australian… Read More>>

Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading … Read more>>>

Santarli managing director and co-founder Lee Boon Teow

Santarli, Apex Make $368M Top Bid for Western Singapore Residential Site

Santarli managing director and co-founder Lee Boon Teow

2025/01/14 by Christopher Caillavet Leave a Comment

The Urban Redevelopment Authority on Tuesday announced tender results for two western Singapore residential sites, with a consortium led by Santarli Realty and Apex Asia Development entering the top bid of S$504.5 million ($368.1 million) for the plot at Dairy… Read More>>

The Urban Redevelopment Authority on Tuesday announced tender results for two western Singapore residential sites, with … Read more>>>

Victor Tan, executive director and CEO of First REIT’s manager

CVC-Backed Hospital Chain Makes Offer for First REIT’s $599M in Indonesian Assets

Victor Tan, executive director and CEO of First REIT’s manager

2025/01/14 by Bianca Cuaresma Leave a Comment

A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a potential deal on the way to sell 14 Indonesian hospitals  valued at S$820.5 million ($599.3 million) to its private equity-backed tenant.

OUE Ltd-… Read More>>

A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a … Read more>>>

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