Asia Pacific real estate investment news and information
Singapore’s Keppel Ltd has sold an office complex in Chennai to a fund managed by Nuvama Asset Management and Cushman & Wakefield for INR 25.5 billion ($287.4 million).
Temasek-backed Keppel unloaded the One Paramount business park after buying the 9… Read More>>
Singapore’s CapitaLand India Trust is set to make its first-ever divestment, with the SGX-listed REIT on Thursday announcing a deal to sell two IT parks for a total of INR 11 billion ($124.4 million).
The sale of CyberVale in Chennai… Read More>>
Equinix has opened its first data centre in Chennai, giving the US giant a fourth operational asset in India to complement its existing facilities in Mumbai.
With an initial investment of $69 million, CN1 will provide 800 cabinets in the… Read More>>
Bankrupt builder China Evergrande’s liquidators zero in on golf club memberships as they attempt to claw back cash for creditors, with that story leading today’s headline roundup. Also in the news, Hong Kong’s CK Hutchison spars with auditors of its… Read More>>
After vowing early this year to boost its India logistics holdings, Blackstone has acquired a set of warehouses from Logos Asia for more than INR 17.25 billion ($203 million), according to sources familiar with the transaction who spoke with Mingtiandi.
CapitaLand leads today’s headline roundup at Mingtiandi, with the Singaporean giant completing the disposal of a US apartment complex. Also making the list, Chinese developer Shimao posts a massive six-month loss and casino operator The Star receives bad news from… Read More>>
London-based fund manager Actis on Monday announced the formal launch of its logistics joint venture with a unit of Indian conglomerate Mahindra Group, as the platform aims to acquire and develop 1.5 million square metres (16.1 million square feet) of… Read More>>
Singapore’s Keppel Ltd has agreed to buy an office complex in Chennai from a joint venture of Canadian pension giant CPPIB and Indian developer RMZ Corp for INR 22 billion ($263 million), as the Temasek Holdings-backed infrastructure and real estate… Read More>>
Equinix on Tuesday announced its further expansion in India with the digital infrastructure giant’s first data centre project in Chennai and fifth overall in the country.
With an initial investment of $65 million, the data centre will span nearly 6… Read More>>
CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local builder as part of the Singapore property heavyweight’s pledge to ramp up investments in the city.
The REIT’s trustee-manager announced on Monday that it… Read More>>
