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William Tay, CEO of Ascendas REIT

Ascendas REIT to Acquire Singapore Cold Chain Facility From PGIM for $136M

2022/09/14 by Christopher Caillavet Leave a Comment

Ascendas REIT has agreed to acquire a food storage and distribution centre in western Singapore from PGIM Real Estate for S$191.9 million ($136.5 million), marking the SGX-listed trust’s first investment in a cold chain facility in the city-state.

The leasehold… Read More>>

Jeffrey-Perlman-1-e1640142992862-400x313

Jeffrey Perlman of Warburg Pincus Headlines Mingtiandi Singapore Forum on 18 October

2022/09/14 by Michael Cole Leave a Comment

After welcoming more than 15,000 guests to its MTD TV online forums in the past two years, Mingtiandi is organising its first-ever event in Singapore on 18 October.

Led by a keynote interview with Warburg Pincus head of… Read More>>

hyperscale thumb

Hyperscalers Fuel Rise Of Regional Data Centre Platforms: MTD TV

2022/09/14 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/749436492?h=a198346658Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2022: Investing in Asia's Hyperscale Market (https://player.vimeo.com/video/749436492?h=a198346658)

  Global Internet giants including Amazon and Google are filling up more than two-thirds of the region’s… Read More>>

Yanlord chairman Zhong Sheng Jian

Pair of Sites in Singapore’s Lentor Hills Sold for $543M as Bidding Underwhelms

2022/09/13 by Christopher Caillavet Leave a Comment

Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>

PDG Says Ready for Competition in Asia Hyperscale Market: MTD TV

2022/09/13 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/749036147?h=7f0161cfa7Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2022: Spotlight Interview with Princeton Digital Group (https://player.vimeo.com/video/749036147?h=7f0161cfa7)

  After raising $505 million in fresh funding this year, Princeton Digital Group sees room for… Read More>>

Eu Chin Fen FHT Frasers

Frasers Hospitality Trust Privatisation Fails as Vote Falls Just Short

2022/09/13 by Christopher Caillavet Leave a Comment

Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of margins at a Monday vote, as unitholders representing 74.88 percent of the trust’s stapled securities approved the proposal, narrowly missing the 75 percent threshold… Read More>>

Xu Jiayin Evergrande

Lenders Move to Seize Evergrande’s Hong Kong Headquarters 

2022/09/11 by Christopher Caillavet Leave a Comment

China Evergrande’s struggle to pay its debts produced more drama this past week as lenders to the world’s most indebted developer took steps to seize its Hong Kong headquarters.

The unidentified lenders to Shenzhen-based Evergrande have appointed a receiver to… Read More>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Data Centre Forum Continues with PDG, Hyperscale and Greater China Sessions

2022/09/11 by Michael Cole Leave a Comment

Mingtiandi’s APAC Data Centre Forum 2022 enters its second week with a solo interview with the chairman of Princeton Digital Group as well as panel discussions on the hyperscale and Greater China markets as the region’s top conference on data… Read More>>

Phile Pearce ESR

ESR Raises $410M for 3rd Australia Core-Plus Fund With Backing From GIC

2022/09/11 by Christopher Caillavet Leave a Comment

Industrial specialist ESR has launched the third in its series of core-plus logistics funds focused on the Australian market, with financial support once again provided by its longtime partner, Singapore sovereign fund GIC.

ESR Australia Logistics Partnership III has received… Read More>>

Donald Choi Chinachem

Hong Kong’s Chinachem Confirms $182M Buy of TikTok London HQ

2022/09/11 by Pawara Laothamatas Leave a Comment

Chinachem Group this past week confirmed its purchase of TikTok’s London headquarters for a price of £158.5 million ($182.5 million) with the Hong Kong developer portraying the acquisition of its first overseas asset as a step toward diversifying its portfolio… Read More>>

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