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Sanjeev Dasgupta - CEO of Ascendas India Trust

Singapore’s CapitaLand Unveils $540M Chennai Investment Plan

2024/01/10 by Beatrice Laforga Leave a Comment

Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils plans to invest INR 45 billion ($540 million) in business parks, logistics and data centre developments in Chennai over the next five years.

CLI… Read More>>

Simon Treacy

CapitaLand Sets Up Second India Business Park Fund, Hits $273M in First Closing

2023/08/10 by Beatrice Laforga Leave a Comment

CapitaLand Investment (CLI) has raised S$368 million ($273.1 million) in a first closing for its second India business park development strategy as the Singapore property giant expands its private funds business in the world’s largest country.

CLI on Thursday announced… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust to Develop $230M Data Centre in Chennai

2022/12/13 by Christopher Caillavet Leave a Comment

CapitaLand India Trust is ready for its third data centre project as the REIT on Tuesday announced plans to invest INR 19.4 billion ($230 million) to acquire and develop a Chennai site for a 55-megawatt facility.

SGX-listed CLINT has agreed… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Ascendas India Trust To Buy Two Industrial Assets in Chennai for $20M 

2022/07/15 by Beatrice Laforga Leave a Comment

Singapore-listed Ascendas India Trust is making its second industrial investment in India just two months after its sector debut in May, committing around INR 1.56 billion ($20 million) to acquire a pair of facilities in Chennai.

The trustee-manager, Ascendas Property… Read More>>

Sanjay Dutt Tata

CPPIB, Tata Launch $670M India Office Park JV

2022/04/13 by Beatrice Laforga Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) is betting on India’s office market for the third time in one year, with the North American giant this week announcing an INR 53 billion ($696 million) joint venture with the property development… Read More>>

bund soho

Blackstone’s $3B Buyout of Soho Moves Forward and More Asia Real Estate Headlines

2021/08/09 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China begins its antitrust review of Blackstone’s $3 billion takeover of developer Soho, Hong Kong’s CK Asset confirms plans to convert some of its hotels into housing, and Singapore Land Group swings to… Read More>>

Hong Kong Site Sale Cancelled After Lowball Bids and More Asia Real Estate Headlines

2020/10/22 by Shiunne Bulsombut Leave a Comment

The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>

Abhijit Malkani ESR India

ESR Buys Chennai Industrial Site for INR 3.32B Project

2020/08/08 by Jonathan Burgos Leave a Comment

ESR, which has $22 billion of assets under management across the Asia Pacific, is expanding its India operation with the acquisition of an industrial site in Chennai, one of the fastest-growing technology hubs in the country.

The Hong Kong-based logistics… Read More>>

Vinamra Srivastava

CapitaLand to Invest INR 10.5B in Chennai Tech Park Despite Softer Office Demand 

2020/07/29 by Mingtiandi Team Leave a Comment

CapitaLand is investing an initial INR 10.5 billion ($140.2 million) to build the first phase of a new IT park in Chennai, reflecting the Singapore-based real estate giant’s optimism that demand for office space will rebound despite a Covid-19 driven… Read More>>

Logos India CEO Mehul Shah

Logos Buys Pair of Chennai Logistics Parks for $98.4M

2019/02/26 by Nina Suebsukcharoen Leave a Comment

Just days after acquiring a key site in Melbourne to develop into a new logistics and distribution estate, Logos bagged two logistics parks in Chennai, India, from Casa Grand Group for INR 7 billion ($98.4 million) with this being its… Read More>>

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