Sun Hung Kai Properties reported a full-year profit attributable to shareholders of HK$23.9 billion ($3 billion), down 6.5 percent, as the developer controlled by Hong Kong’s Kwok family narrowed its investment losses and reported solid residential sales in the city.
Mingtiandi Data Centre Forum to Explore SE Asia, Japan, Korea This Week
Asia’s hottest digital infrastructure markets are being brought into focus this week as Mingtiandi’s APAC Data Centre Forum holds sessions on Japan and Korea, as well as Southeast Asia, with speakers from some of the region’s biggest developers, operators and… Read More>>
Hong Kong Office Occupier Survey Reveals Economic Jitters, Relocation Doubts
Hong Kong office occupiers have identified the city’s economic outlook and a potential global recession as two of the most important factors having an impact on their business, according to a Colliers survey.
In the poll of 321 occupiers, 43… Read More>>
JLL, Logos, Baker Mac Brace for APAC’s AI-Driven Hyperscale Boom: MTD TV
https://player.vimeo.com/video/861914350?h=407454bc29Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Investing in Asia's (https://player.vimeo.com/video/861914350?h=407454bc29)
Data centre leasing in North America is breaking records amid a surge in AI-powered activity by US tech giants,… Read More>>
PGIM Taps Eric Adler to Lead Private Alternatives Under Single Umbrella
US investment manager PGIM has appointed Eric Adler as president and CEO of PGIM Private Alternatives, a newly formed business overarching the real estate and private capital divisions.
Adler’s current roles are president and CEO of PGIM Real Estate and… Read More>>
QIA, Grosvenor Boost IndoSpace India Shed Fund to $393M Second Closing
Indian logistics operator IndoSpace has secured an additional $150 million for its fourth development fund, with commitments from the Qatar Investment Authority and Grosvenor boosting the vehicle to a second closing of $393 million.
The investments in IndoSpace Logistics Parks… Read More>>
Chairman Makes Takeover Bid for China’s Fang Property Portal at 210% Premium
The chairman of Beijing-based real estate portal Fang Holdings has made an offer to take the company private at a nearly 210 percent premium to the stock’s last trading price before the proposal was announced.
Richard Dai submitted a preliminary… Read More>>
Mitsui Fudosan Expands Investment in $509M Frasers Project in Sydney
Singapore’s Frasers Property is deepening its Australian tie-up with Mitsui Fudosan, with the Singapore-listed firm announcing that it is expanding its residential joint venture with the Japanese development giant to A$797 million ($509 million) in investment value.
The Aussie arm… Read More>>
Warburg Pincus, PDG See AI Driving Demand for APAC Data Centres
https://player.vimeo.com/video/861145850?h=0372ef5d72Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Spotlight Interview with Princeton Digital Group and Warburg Pincus (https://player.vimeo.com/video/861145850?h=0372ef5d72)
A surge in adoption of artificial intelligence tools is driving demand for computing capacity… Read More>>
Singapore’s URA Launches Tender for Toa Payoh Site Yielding 775 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released a residential site for sale in the Toa Payoh neighbourhood of the city-state’s central region, as officials continue to roll out plots under the Government Land Sales Programme.
The tender for the 1.57… Read More>>
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