Mingtiandi

Asia real estate and outbound investment news

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
Sign Up / Login Logout

Lost your password?
Register
Forgotten Password
Cancel

Register For This Site

A password will be e-mailed to you.

  • Capital Markets
  • Events
    • Mingtiandi 2022 Event Calendar
    • APAC Residential Forum 2022
    • Asia Logistics Forum 2022
    • Asia REIT Forum 2022
    • APAC Data Centre Forum 2022
    • Singapore Focus Forum 2022
    • Office Strategies Forum 2022
    • More Events
  • MTD TV
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail
  • Research & Policy
  • Advertise

Digital Realty Closes $1B Data Centre Deal with Mapletree and More Asia Real Estate Headlines

2019/11/05 by James Hatton Leave a Comment

The three hyperscale facilities are all in Ashburn, Virginia

US bit barns lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an American data centre provider has closed a deal to sell an 80 percent stake in a trio of hyperscale facilities to a Temasek-backed company and its real estate trust affiliate in a deal worth $1 billion.

In other news around the region, a Singapore’s biggest property group saw its profits drop in the third quarter, while home purchases in Hong Kong jump off the back of a relaxation of mortgage caps.

And in Japan, one of France’s largest insurers has boosted its residential real estate portfolio by acquiring a block of flats in Nagoya.

Essensys - Verdantix research repot

Digital Realty Closes $1B Data Centre Deal with Mapletree

Digital Realty announced today it has closed the previously announced joint venture with Mapletree Investments and Mapletree Industrial Trust on three existing Turn-Key Flex® data centres located in Ashburn, Virginia.

The transaction values the three fully stabilised hyperscale facilities at approximately $1 billion. Read more>>

CapitaLand Net Profit Drops 7.8% on Lower Portfolio Gains

Asian real estate behemoth CapitaLand’s net profit for its third quarter dropped 7.8 percent to S$333.9 million from S$362.2 million a year ago mainly due to lower portfolio gains, the group said in a Singapore Exchange filing on Tuesday morning.

This was partially mitigated by a higher operating profit after tax and minority interest, which was mainly due to the maiden contribution from Ascendas-Singbridge, better contributions from China development projects and fee income from Vietnam. Read more>>

Hong Kong Home Purchases Jump 16% on Mortgage Cap Relaxation

Home purchases in Hong Kong grew 16.1 percent month on month in October after two consecutive months of declines, lifted by the government’s relaxation of mortgage caps for first-time buyers as part of an economic stimulus package.

The registrations of about 4,000 units changed hands in October, an increase of 16.1 percent from September but 5.7 percent lower than the same month last year, the Land Registry said. Read more>>

Japan’s Orix Buys US Real Estate Loan Provider

Orix Corp has agreed to buy US commercial real estate lender Hunt Real Estate Capital, people familiar with the matter said, its latest acquisition in the field.

The Japanese finance and leasing firm is buying all Hunt Real Estate Capital shares from privately owned Hunt Companies Inc, said the people, who asked not to be identified since the deal hasn’t been announced. Read more>>

AXA IM Boosts Japan Housing Portfolio

The real assets business of Axa Investment Managers (Axa IM) has completed the off-market acquisition of a residential tower block in Japan from a Japanese property firm for an undisclosed sum.

Comprising 230 rental units with private balconies, the 11-storeyed property is located in Nagoya at the centre of the Chukyo metropolitan district – the third largest in the country. Read more>>

Super-Luxury Hong Kong Property Prices Holding Steady

Hong Kong’s wealthy residential enclaves, where some of the world’s most expensive homes are located, have also become safe havens in a tumbling property market as the city heads for a recession amid the worst political crisis in its history.

Average home prices in the neighbourhood inhabited by multibillionaires and tycoons have held steady, in some cases bucking the declining trend, compared with the working-class districts that had been the epicentres of the city’s five-month long anti-government protests, according to the data provided by real property agents and analysts. Read more>>

Singapore District 1 Development Site Up for Collective Sale S$198M

The Riverside Piazza near Clarke Quay is up for sale at a reserve price of $198 million, it was announced yesterday.

The complex comprises 40 apartments and 24 shops, with sizes ranging from 58 square metres to 333 square metres. The prime District 1 site spans 2,940 square metres and is zoned commercial and residential, with a plot ratio of 2.8 and a maximum gross floor area of 8,260 square metres. Read more>>

Office forum 2022 Web banner

Tune in again soon for more real estate news and be sure to follow @Mingtiandi on Twitter, or bookmark Mingtiandi’s LinkedIn page for headlines as they happen.

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: crelist Tagged With: AXA Investment Managers, CapitaLand Group, Digital Realty, Hong Kong housing market, Mapletree Investments

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Mingtiandi Delivered

MTD TV

Proptech Forum: Logistics Tech
Logistics Experts Reveal How Tech Is Reshaping Asia’s Distribution Centres
MTD TV Interview with Jeffrey Perlman of Warburg Pincus Now Online

More MTD TV Videos>>

People in the News

serene nah kerry
Kerry Properties CFO Resigns After Less Than 8 Months on Developer’s Board
Lu Yi Shimao
Asia Real Estate People in the News 2022-06-27
Wu Jianxin Kaisa
Asia Real Estate People in the News 2022-06-20
Graham Mackie Tishman
Tishman Speyer Appoints Graham Mackie to Lead APAC Push Beyond China and India

More Industry Professionals>>

People in the News

Kerry Properties CFO Resigns After Less Than 8 Months on Developer’s Board

serene nah kerry

Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the … Read More>>

Asia Real Estate People in the News 2022-06-27

Lu Yi Shimao

A senior appointment by one of China’s crew of defaulting privately-controlled developers leads this week’s roundup of … Read More>>

Asia Real Estate People in the News 2022-06-20

Wu Jianxin Kaisa

Top level executive changes at a pair of major mainland real estate companies lead this week’s round-up of personnel … Read More>>

Tishman Speyer Appoints Graham Mackie to Lead APAC Push Beyond China and India

Graham Mackie Tishman

US developer Tishman Speyer has hired industry veteran Graham Mackie as a managing director to lead the firm’s Asia … Read More>>

More Industry Professionals>>

Latest Stories

serene nah kerry
Kerry Properties CFO Resigns After Less Than 8 Months on Developer’s Board
Kevin Kang H3
CDL, HThree Buying Downtown Melbourne Office Tower From AMP for $162M 
ivan ho kailong
Kailong Group Puts 5 Commercial Assets on the Market for Combined $302M

Sponsored Features

Should Proptech Give Us Sleepless Nights?
Hong Kong’s Evolving Commercial Real Estate Landscape
Opportunities in the Greater Bay Area

More Sponsored Features>>

MTD-QR-Code-320

Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • 2022 Event Calendar
  • MTD TV Archives
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail

More Mingtiandi

  • About Mingtiandi
  • Contact Mingtiandi
  • Mingtiandi Membership
  • Newsletter Subscription
  • Advertise
  • Terms of Use
  • Privacy
  • Join the Mingtiandi Team


© 2007-2022 China Advertising Media Ltd (Samoa). All rights reserved.