Asia real estate and outbound investment news
Singaporean developer CapitaLand will acquire its first hyperscale server facility in China, spending RMB 3.66 billion ($560 million) to pick up a four-building campus in Shanghai’s Minhang district.
The 55-megawatt facility is managed by mainland data centre operator Daily Tech… Read More>>
Warburg Pincus is boosting its interest in ARA Asset Management to almost half of the company’s issued shares, in the first changes to the shareholding structure of the Singapore-based fund manager since it was taken private in 2017.
Through a… Read More>>
Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is preparing for a stock market listing in Hong Kong later this year that could value it at more than £9… Read More>>
Data centre developer Global Switch Limited announced last week that a consortium of Chinese investors including AVIC Trust and Hong Kong affiliates of China Citic Bank, Haoyue Capital and Jiangsu Sha Steel have agreed to pay £2.1 billion ($2.78 billion)… Read More>>
D&J China, a business park developer backed by US private equity giant Warburg Pincus, has launched a new China real estate fund with an initial capitalisation of RMB 10 billion ($1.45 billion).
The two and a half-year-old developer has established… Read More>>
The management and major shareholders of ARA Asset Management are joining with US private equity giant Warburg Pincus and China’s AVIC Trust in a bid to privatise the Singapore-listed investment manager, according to a statement today to the Singapore stock… Read More>>
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