Asia Pacific real estate investment news and information
TikTok developer ByteDance plans to expand its data centre facilities in Malaysia with an additional investment of MYR 1.5 billion ($320 million), according to the country’s minister of investment, trade and industry.
The Chinese tech firm also hopes to make… Read More>>
For the second time in three months, an attempted collective sale of Far East Shopping Centre has collapsed at the last hurdle, with owners rejecting an offer of roughly S$880 million ($654.5 million) for the strata-title property on Singapore’s Orchard… Read More>>
Australia’s Apt.Residential has launched a A$280 million ($187 million) build-to-rent apartment project in Sydney’s Meadowbank area as the first development under its recently announced A$1.5 billion partnership with Dutch pension fund manager PGGM.
Apt.Meadowbank in the inner-northwest suburb will comprise… Read More>>
Data centre platform Digital Edge and renewable energy developer and producer Peak Energy have formed a partnership to collaborate on renewable energy projects that will power Digital Edge data centres in the Asia Pacific region.
The Singapore-based stablemates, both backed… Read More>>
KKR and Global Infrastructure Partners on Thursday announced the creation of a coalition to promote infrastructure investment in emerging-market economies of the Indo-Pacific Economic Framework, with the two US companies to serve as co-chairs of the initiative.
A brainchild of… Read More>>
Vietnamese authorities are seeking to prosecute Truong My Lan for money laundering, two months after the convicted boss of Ho Chi Minh City-based developer Van Thinh Phat Group was handed the death penalty for orchestrating an embezzlement scheme that led… Read More>>
Singapore is set to become Asia Pacific’s next 1-gigawatt data centre market, despite concerns about the city-state’s high development costs relative to neighbouring Southeast Asian nations and other key markets in APAC, according to Cushman & Wakefield.
The Lion City… Read More>>
AXA IM Alts has acquired a Kyoto hotel for JPY 6.8 billion ($44 million), as global investors continue to favour Japanese hospitality assets amid a tourism boom that drove visitor arrivals to a record 8.56 million in the first quarter,… Read More>>
Tencent has moved some of its Singapore staff to The Work Project’s flexible office space at CapitaSky in Tanjong Pagar, with a spokesman for the Chinese internet giant confirming the shift on Wednesday.
Tencent is leasing one floor, or about… Read More>>
The industrial sector was a standout performer in Asia Pacific during the first quarter of this year, with deals for income-earning assets jumping 26 percent from a year earlier, at the same time that the broader market declined by 14… Read More>>
