The North Asia region accounts for around 70 percent of established data centre capacity in Asia Pacific’s largest markets, according to recent research, however, the region continues to be a major focus for new server facility development with billions of… Read More>>
Chinese Estates’ Lau Sells Down Evergrande Stake and More Asia Real Estate Headlines
An Evergrande avalanche leads today’s roundup of regional news headlines, as two staunch allies of the embattled developer’s chairman trim their stakes in the group, while Evergrande staff and customers are reportedly offered the chance to bid on discounted properties… Read More>>
LaSalle China Logistics Fund Gets $80M Boost From Texas, Sacramento
LaSalle Investment Management has secured $80 million worth of fresh capital commitments from two US public institutions in support of the LaSalle China Logistics Venture fund.
The Texas Permanent School Fund, a sovereign wealth fund that provides education revenue in… Read More>>
Hong Kong Home Prices Soon to Surpass 2019 Peak Says Cushman & Wakefield
Despite home sales seeing a 15 percent year-on-year surge in the third quarter of 2021, purchase of new housing in Hong Kong began to slow in August, according to a report from property services firm Cushman & Wakefield.
Transaction volumes… Read More>>
Shui On Land Files for Long-Awaited Xintiandi IPO in Hong Kong
Shanghai-based property firm Shui On Land took the first formal step towards the long-sought IPO of its Xintiandi division this week as it submitted an application for listing the unit on the main board of the Hong Kong stock exchange.
Ivanhoe Cambridge Hires Keppel Vet in Expansion of Singapore, Shanghai Teams
Just a few months after one of its top Asia Pacific leaders relocated from Hong Kong to Singapore, Ivanhoe Cambridge is welcoming three new faces to its Lion City office.
Headlining the new hires is Josephine Yip, who joined the… Read More>>
AIMS APAC REIT Names New CEO as Sydney Office Deal Looms
Singapore-listed AIMS APAC REIT (AA REIT) announced the appointment of Russell Ng as the new chief executive of the industrial-focused trust last week.
Ng’s appointment came amid the trust’s strong performance in the quarter that ended 30 June, with a… Read More>>
ARA Selling 61 Robinson Road in Downtown Singapore for $314.5M
ARA Asset Management has found a buyer for 61 Robinson Road just over 19 months after acquiring the office building in Singapore’s downtown core, according to a representative of the property fund manager, which expects to soon complete renovation of… Read More>>
Evergrande Taps Financial Advisors After Unpaid Staff Storm Shenzhen HQ
China Evergrande Group on Tuesday morning said it was engaging outside advisors to assess its liquidity as it acknowledged that its already shaky finances have begun a downward spiral as buyers shun its available homes and creditors swarm.
“The Company… Read More>>
Efficiency, Design and Green Power Key to Data Centre Sustainability: MTD TV APAC Data Centre Forum 2021
While data centres are already estimated to be using 1 percent of the world’s electricity,… Read More>>
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