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Fairprice

Mercatus Marketing Singapore Community Retail Portfolio for $194M

2023/09/27 by Beatrice Laforga Leave a Comment

After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194 million).

Marketing… Read More>>

Jennifer Weitzel

GLP Launches Global Data Centre Business as Ada Infrastructure

2023/09/26 by Michael Cole Leave a Comment

GLP announced this past week that it has launched a new business, based on its growing data centre assets and operations, to provide digital infrastructure for hyperscale companies and large enterprises.

Branded as Ada Infrastructure, the new company is being… Read More>>

Phil Pearce of ESR

ESR Adds Logistics Site Near Western Sydney Airport Project for $45M

2023/09/25 by Michael Cole Leave a Comment

Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).

With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>

Xu Jiayin Evergrande

Evergrande Cancels Bondholder Meeting, Shelves $35B Restructuring Plan

2023/09/24 by Michael Cole Leave a Comment

With China’s government rolling out measures to bail out the country’s property sector, China Evergrande Group may have knocked out any rebound in investor confidence with a pair of announcements this weekend which could see the former number two developer… Read More>>

Logos co-CEO Trent Iliffe

Logos Inks Deal with TEPCO to Develop 100MW APAC Power Network

2023/09/23 by Michael Cole Leave a Comment

Industrial specialist Logos has taken another step toward becoming a regional renewable energy provider through a deal with Tokyo Electric Power to establish an Asia Pacific solar generation platform.

In a joint announcement on Friday with its Japanese partner Sydney-based… Read More>>

Singapore’s CapitaLand Investment Unveils India Business Park, Data Centre

2023/09/23 by Beatrice Laforga Leave a Comment

Singapore property heavyweight CapitaLand Investment (CLI) continues to deepen its presence in India as it opens the first phase of a business park redevelopment project in Hyderabad and kicks off construction of a 40 megawatt data centre on the same… Read More>>

MidlandGate Perth

PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%

2023/09/21 by Michael Cole Leave a Comment

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were… Read More>>

TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area

2023/09/21 by Beatrice Laforga Leave a Comment

Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>

Ganen Sarvananthan

TPG Upgrades Asia Managing Partner Sarvananthan to Lead Middle East Expansion

2023/09/21 by Michael Cole Leave a Comment

US private equity giant TPG announced this week that it has appointed Ganen Sarvananthan, one of the managing partners for its Asia business, to lead its expansion in the Middle East.

The company said the appointment comes after significant growth… Read More>>

Logos co-CEO Trent Iliffe

Logos Breaks Ground on $147M Build-to-Suit Singapore Shed

2023/09/20 by Christopher Caillavet Leave a Comment

Industrial specialist Logos has begun construction of a Singapore warehouse for global logistics operator DSV, with the partners investing a total of S$200 million ($147 million) in the built-to-suit project.

Spanning 720,000 square feet (66,890 square metres) in the city-state’s… Read More>>

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MTD TV

GLP, ESR and C&W on How E-Commerce Shapes China’s Warehouse Market: MTD TV
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People in the News

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People in the News

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A man pegged to be Singapore’s next prime minister leads this week’s review of personnel updates in the region as … Read More>>

Evergrande Says Chairman Suspected of Crimes, Subject to “Mandatory Measures”

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In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday … Read More>>

Colliers Vietnam Business Jumps Ship for Rival Avison Young

Peter Dinning Avison

Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team … Read More>>

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