Keeping pace with rapidly expanding data centre demand in Asia Pacific requires expertise in running… Read More>>
Henderson-Swire JV Completes Acquisition of $806M Quarry Bay Project
Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry Bay at a valuation of HK$6.3 billion ($806 million) after securing the remaining spaces at a public auction Tuesday.
The compulsory… Read More>>
Hong Kong Commercial Tower on the Market After Being Seized by Receivers
A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for tender in the latest case of a sale by receivers in the Asian financial capital.
Colliers was appointed by the property’s… Read More>>
China Taiping Buying Beijing Retirement Home From Century Golden Resources for $290M
China Taiping Insurance has agreed to acquire a Beijing retirement home project from developer Century Golden Resources for RMB 2.09 billion ($290 million), chalking up a rare big-ticket deal in the mainland’s senior living sector.
The project in Shunyi district’s… Read More>>
Empyrion DC, Seraya Partners on Building a Greener Data Centre Future
Data centre demand is growing rapidly in Asia Pacific with North American players rushing to expand in the region and local operators struggling to bring existing facilities in line with the needs of AI deployments and hyperscale users.
With the… Read More>>
Mitsui-Backed REIT Buys Three Japan Hotels From First Brothers for $21M
A Tokyo-listed REIT sponsored by property giant Mitsui Fudosan has acquired a portfolio of three hotels in Japan for JPY 3.1 billion ($21.2 million).
Nippon Accommodations Fund said in a filing that the properties are Smile-branded hotels in the cities… Read More>>
Colt Data Centres Enters India With 120MW Navi Mumbai Project
Colt Data Centre Services on Thursday announced the launch of a 120-megawatt facility in Navi Mumbai as the British company’s first project in India.
Occupying 15 acres (6.1 hectares) of land, the data centre will be built to Tier 3… Read More>>
Singapore Home Sales Retreat From July Peak as Supply Slows
Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers rolled out fewer projects.
Data from the Urban Redevelopment Authority (URA) on Friday showed that developer sales of new homes… Read More>>
Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market
A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>
ESR, CapitaLand, Nuveen, JLL See Rising Data Centre Demand in Japan, Korea: MTD TV
Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>
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