Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.
In this week’s edition of People in the News, Shanghai-based Qingke promotes a company director to COO as the apartment rental start up , while a well-known Hong Kong real estate leader launches a new investment firm for popular travel… Read More>>
A messy breakup leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder and former CEO of coworking giant WeWork has accused Softbank of abuse of power.
In other news around the… Read More>>
Greater China’s shopping situation was messy in the first quarter but Q2 might be on its way to surpassing the record retail wreckage of the first three months of 2020, as Luckin Coffee suspends its COO after an internal investigation… Read More>>
China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.
The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>
Investors in Singapore’s commercial property sector got a bit of bad news today as a monthly index showed office rental rates beginning to fall more quickly in the city centre. Also getting some ink today, China Evergranded added $2 billion… Read More>>
Co-living leads Asia’s real estate headlines today as Southeast Asia’s largest developer says it will add seven more properties to its shared living space portfolio. One of China’s biggest borrowers also makes the news after issuing $2 billion in bonds… Read More>>
Sunny Singapore leads the real estate news in Asia today as the city-state’s gradual housing slide hit a steeper slope in December, according to fresh government figures. Blackstone also returns to the headlines today with news that the US real… Read More>>
Coworking déjà vu leads Mingtiandi’s roundup of Asia real estate headlines today with the news that China’s biggest shared office provider has filed paperwork for an initial public offering in the US, just three months after WeWork shelved its IPO.
China’s September housing market leads the way in Mingtiandi’s roundup of real estate headlines today with the news that home price growth in mainland China has slowed for a fourth month in a row, according to official data.
In other… Read More>>