Even the world’s largest real estate fund manager is finding business in China a bit tougher this year, as Blackstone announced on Friday that its $3 billion buyout of developer Soho China had been cancelled after failing to win approval… Read More>>
Data Centre Sustainability in Focus for MTD TV Panel Tuesday
The challenge of meeting the world’s hunger for cloud-based data while keeping on track with carbon targets will be the focus of a discussion featuring four experts on digital infrastructure this week as part of Mingtiandi’s APAC Data Centre Forum… Read More>>
DigitalBridge Expands Vantage Data Centers Into APAC Following PCCW Buy
Less than two months after announcing an agreement to buy Hong Kong-based PCCW’s data centre business for $750 million, the fund manager formerly known as Colony Capital is consolidating its APAC server facility business under its Vantage Data Centers… Read More>>
Morgan Stanley Raises $3.1B for Global Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Morgan Stanley’s real estate investment management arm raises $3.1 billion for a global fund, mainland insurer Ping An’s biggest shareholder offloads part of its stake, and JP Morgan slashes its price target… Read More>>
CapitaLand’s Ascott Group Adds to Rental Housing Empire With Texas, Australia Deals
Singapore-based CapitaLand’s rental housing division made a pair of overseas bets this week, with the managers of SGX-listed Ascott Residence Trust announcing the purchase of a Texas student accommodation asset and Ascott Ltd taking full ownership of Quest, Australia’s biggest… Read More>>
BDx Boss Focuses on Service, Not Buzz, to Build Asia Data Centre Network: MTD TV
The head of one of Hong Kong’s few homegrown data centre networks is not afraid to call out “irrational excitement” when he sees it, even within his own industry, as the chief executive of BDx Data Centres proved in Thursday’s… Read More>>
Kowloon Redevelopment Project Sells for $41.2M as Hong Kong Housing Sizzles
Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
Fitch Says Evergrande Likely to Default as Paint Supplier Bristles Over Unpaid Debt
China Evergrande Group suffered fresh credit downgrades this week from a pair of key credit agencies, and the world’s most indebted developer also caught flack from a paint supplier for failure to repay more than RMB 100 million ($16 million)… Read More>>
Blackstone Completes $40M Purchase of North Delhi Warehouse
US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North Delhi warehouse asset for INR 295 crore ($40.1 million).
Already the country’s biggest warehouse owner, the private equity giant purchased its… Read More>>
Demographics and Demand Driving Asia Data Centre Investment Surge: MTD TV
The regional boom in data centres shows no sign of fading as mobile data usage and demand for hyperscale cloud services continue to rise, according to a panel of experts taking part in Mingtiandi’s Asia Data Centre Forum 2021.
