In today’s roundup of regional news headlines, Blackstone’s Nexus retail platform files a draft paper for its REIT IPO, Alibaba co-founder Joe Tsai sinks cash into luxury hotels, and data centre builder AirTrunk begins work on its second Tokyo facility.
Ascendas India Trust Targets L&T Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust is reportedly in talks to acquire L&T Realty’s commercial portfolio, Chinese developer Shimao gets permission from creditors for an onshore bond extension, and buyers snap up flats at a… Read More>>
AirTrunk to Build 110MW Tokyo Data Centre as Second Japan Hyperscale Facility
AirTrunk on Monday announced plans to build its second hyperscale data centre in Japan, with the Tokyo facility raising the Macquarie-backed operator’s capacity to 410 megawatts in the country and 1.2 gigawatts across Asia Pacific.
The new data centre, known… Read More>>
ByteDance Buys 20% Stake in Real Estate Brokerage and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, TikTok maker ByteDance buys into a Beijing-based real estate brokerage, a Singapore-listed REIT picks up three office assets in the western US, and Sydney-based AirTrunk opens its first data centre in the Tokyo… Read More>>
Blackstone Buys Melbourne Self-Storage for $297M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity king Blackstone picks up a self-storage business in Melbourne, AirTrunk announces plans to build a massive data centre in Sydney, and China Evergrande’s electric car unit hopes to raise some cash… Read More>>
GuocoLand Net Profit Up 48% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed developer GuocoLand posts a profit jump despite falling revenue, Sydney-based data centre operator AirTrunk opens its Japan headquarters, and Hong Kong home prices near a record high after rising for a seventh… Read More>>
Macquarie’s AirTrunk Opens First Asia Data Centres in Hong Kong, Singapore
Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.
The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>
New World Set to Buy Up Hong Kong’s State Theatre and More Asia Real Estate Headlines
Cinemas are not popular destinations in Hong Kong these days but New World Development is willing to bet on reviving the State Theatre in North Point as the developer is expected to buy out the building in a Thursday compulsory… Read More>>
Amazon to Lease 3 Floors in Singapore’s Asia Square and More Asia Real Estate Headlines
The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup.
Also in the news, Brookfield is said… Read More>>
Asia Real Estate People in the News 2020-09-21
Board reshuffles at some of China’s largest developers lead this week’s collection of job changes in Asia Pacific, with Guangzhou R&F promoting a company veteran and Modern Land appointing a new non-executive director. There are also two senior-level shifts in… Read More>>
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