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
https://player.vimeo.com/video/864268315?h=e6adfc1644Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Opportunities for Data Centres in Japan and Korea (https://player.vimeo.com/video/864268315?h=e6adfc1644)
Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>
Sumitomo Buying Central Mumbai Plot for $626M in City’s Priciest Land Deal
Japan’s Sumitomo Realty & Development has agreed to buy a 22 acre (8.9 hectare) land parcel in central Mumbai from Bombay Dyeing and Manufacturing for INR 5,200 crore ($626.3 million).
Bombay Dyeing, a unit of India’s Wadia Group conglomerate, said… Read More>>
Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment
Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics giant Prologis as its chief investment officer for Asia.
Thielke, who started her new role on 1 September, will oversee… Read More>>
Henderson Land Wins Swiss Watchmaker as Latest Tenant in Hong Kong Office Tower
Henderson Land Development has secured Audemars Piguet as the latest office tenant for its flagship skyscraper in Hong Kong’s Central district, the company said in a statement on Tuesday.
The Swiss luxury watch brand has committed to a full floor… Read More>>
Fragmented Regimes Challenge APAC Data Centre Sustainability: Nuveen
As growing requirements for information processing drive long-term demand for data centre space, Asia Pacific’s diverse political geography will present challenges for investors seeking to reach sustainability targets, according to a report from Nuveen.
APAC’s co-location data centre market is… Read More>>
GuocoLand, CDL Enter Top Bids for Lentor Central, Champions Way URA Sites
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
SE Asia Data Centre Boom to Continue Say EdgeConneX, Engie, Wong & Partners: MTD TV
https://player.vimeo.com/video/863463541?h=780ac34993Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Opportunities for Data Centres in Southeast Asia (https://player.vimeo.com/video/863463541?h=780ac34993)
Southeast Asia has been Asia Pacific’s most active data centre development market in 2023, with… Read More>>
EdgeConneX Enters Malaysian Data Centre Market with 300MW Project Pipeline
Data centre platform EdgeConneX on Monday announced its entry into Malaysia with a plan to develop 300 megawatts of capacity across three locations.
EdgeConneX, a hyperscale specialist backed by Swedish private equity firm EQT, aims to build facilities in the… Read More>>
Blackstone Buys Australia’s Student One for $322M
Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.
The acquisition comprises three premium… Read More>>
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