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Manjot Singh Mann, CEO of Keppel's connectivity division

Keppel JV Selling Two Singapore Data Centres to Keppel DC REIT for $1B

Manjot Singh Mann, CEO of Keppel's connectivity division

2024/11/19 by Christopher Caillavet Leave a Comment

A joint venture led by Keppel Ltd has agreed to sell two Singapore data centres to SGX-listed Keppel DC REIT for S$1.38 billion ($1 billion) in one of Southeast Asia’s biggest transactions in the asset class.

The deal includes two… Read More>>

A joint venture led by Keppel Ltd has agreed to sell two Singapore data centres to SGX-listed Keppel DC REIT for S$1.38 … Read more>>>

Masakuni Taka, senior director for investment with the private assets division of Orix Life Insurance

DBJ, Orix Life, UOB and KKR See Opportunities to Boost J-REIT Income: Mingtiandi Tokyo

Masakuni Taka, senior director for investment with the private assets division of Orix Life Insurance

2024/11/19 by Mingtiandi Team Leave a Comment

With equity prices for most Japanese REITs continuing to trade below the value of their assets, managers of public and private real estate trusts have been exploring new ways to improve yields to attract investors, according to senior executives from… Read More>>

With equity prices for most Japanese REITs continuing to trade below the value of their assets, managers of public and … Read more>>>

Equinix Singapore managing director Yee May Leong

Equinix Developing $260M Data Centre as Sixth Singapore Facility

Equinix Singapore managing director Yee May Leong

2024/11/19 by Christopher Caillavet Leave a Comment

Equinix has begun constructing its sixth data centre in Singapore, with the US giant planning to invest $260 million in the International Business Exchange co-location facility.

Dubbed SG6, the nine-storey data centre is expected to open in the first quarter… Read More>>

Equinix has begun constructing its sixth data centre in Singapore, with the US giant planning to invest $260 million in … Read more>>>

Hugh Macdonald, head of capital advisors for Asia Pacific at CBRE (Image: CBRE)

Hugh Macdonald Appointed Head of CBRE Capital Advisors for Asia Pacific

Hugh Macdonald, head of capital advisors for Asia Pacific at CBRE (Image: CBRE)

2024/11/19 by Kevin He Leave a Comment

CBRE has named investment banker Hugh Macdonald as head of its capital advisory unit for Asia Pacific.

Macdonald, who will begin his role in Sydney before relocating to Singapore in the first quarter of 2025, joins CBRE from Deutsche Bank,… Read More>>

CBRE has named investment banker Hugh Macdonald as head of its capital advisory unit for Asia Pacific. Macdonald, who … Read more>>>

Scott Callon Ichigo

Japan’s Ichigo Selling Fukuoka Hotels for $59M and More Asia Real Estate Headlines

Scott Callon Ichigo

2024/11/19 by Michael Cole Leave a Comment

Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s headline roundup. Also in the news, co-working giant WeWork is closing two Singapore locations and global fund managers are upping Korea housing… Read More>>

Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s … Read more>>>

Soon Su Lin of Frasers

Frasers Teams With Sekisui House to Add 348 Luxury Homes on Singapore Riverfront

Soon Su Lin of Frasers

2024/11/18 by Christopher Caillavet Leave a Comment

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property on Monday announced a retail-residential project to add 348 luxury homes in the area.

Frasers Property and Japanese builder Sekisui House will jointly… Read More>>

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Tops Bain Bid by Narrowest of Margins in Second Tender Offer for Fuji Soft

KKR Japan CEO Hiro Hirano

2024/11/18 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Friday announced an increase in its tender offer price for Japan’s Fuji Soft, narrowly eclipsing Bain Capital’s competing bid for the Tokyo-listed systems developer.

KKR expects to begin the second stage of its two-stage… Read More>>

US private equity giant KKR on Friday announced an increase in its tender offer price for Japan’s Fuji Soft, narrowly … Read more>>>

Chen Hongtian of Cheung Kei

Sale of Kowloon Office Block Faces Hurdles as $385M China Mobile Offer Reported

Chen Hongtian of Cheung Kei

2024/11/18 by Kevin He Leave a Comment

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the grade A office asset lost nearly two thirds of its value over the past two years.

… Read More>>

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property … Read more>>>

Daiwa House, Toll Brothers Announce US Project and More Asia Real Estate Headlines

2024/11/18 by Michael Cole Leave a Comment

Japan’s Daiwa House hooks up with US-based Toll Brothers on a luxury residential project near New York City, with that joint venture leading today’s headline roundup. Also making the list, China’s Country Garden submits a revised restructuring plan to creditors… Read More>>

Japan’s Daiwa House hooks up with US-based Toll Brothers on a luxury residential project near New York City, with that … Read more>>>

Qi Bin CIC

Asia Real Estate People in the News 2024-11-18

Qi Bin CIC

2024/11/18 by Michael Cole Leave a Comment

A Beijing-based investment cadre is heading to Hong Kong to join the city’s government, with that update leading this week’s roundup of personnel moves from Asia’s real estate industry. Also making the list is a retiring vice-chairman at LaSalle and… Read More>>

A Beijing-based investment cadre is heading to Hong Kong to join the city’s government, with that update leading this … Read more>>>

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