ESR has appointed SDAX as the sole digital assets platform to give smaller investors access to the… Read More>>
ESR Developing 48MW Data Centre Near Seoul With Stack Infrastructure
Real asset manager ESR has formed a joint venture with US hyperscaler Stack Infrastructure to build a 48-megawatt data centre in Seoul’s western suburbs, marking the Hong Kong-listed group’s first greenfield server-hosting project in South Korea.
ESR and Stack will… Read More>>
Sunac China Vows to Fight Winding-up Petition, Promises Debt Restructuring Plan
Sunac China Holdings said it will take all measures to defend itself against a winding-up petition filed in Hong Kong as the debt-wracked property developer works to restructure its offshore liabilities after missing bond payments earlier this year.
A winding-up… Read More>>
Mainland Court Sells Evergrande Stake in Shengjing Bank for $1.1B
Defaulting developer China Evergrande had its remaining 14 percent stake in Shengjing Bank auctioned off on Wednesday, with a consortium of seven mainland firms picking up the equity in the Shenyang lender with a winning bid of RMB 7.3 billion… Read More>>
Digital Investment Platform SDAX Talks Data Centre Strategies on MTD TV Thursday
Mingtiandi’s APAC Data Centre Forum continues on Thursday with a look at fund raising for one of real estate’s hottest asset classes in a spotlight interview with top executives of digital asset investment platform SDAX. The interview will explore how… Read More>>
Digital Edge Breaks Ground on 23MW Data Centre in Jakarta as 3rd SE Asia Project
Digital Edge has begun construction of a 23-megawatt data centre in Jakarta, marking the Singapore-based startup’s third project in Southeast Asia.
EDGE2 will offer 3,430 cabinets and cater to growing demand for applications from cloud-driven hyperscale deployments, local and international… Read More>>
Pan Shiyi, Zhang Xin Resign as Chairman, CEO of Developer Soho China
Chinese billionaire couple Pan Shiyi and Zhang Xin have resigned as chairman and chief executive of Soho China, taking one step back from the company they founded as it continues to face controversy linked to their failed $3 billion sale… Read More>>
HSBC AM Promotes Victoria Sharpe to Global Head of Real Assets
HSBC Asset Management continues to grow its alternatives business, with the manager this week announcing two senior-level upgrades to the leadership of its real assets and private credit teams.
The global asset manager has promoted Victoria Sharpe, its current head… Read More>>
APG-Wang On JV Buying Out CIFI Stake in Hong Kong Project for $170M
Financial pressure on mainland developers is creating opportunities for investors in Hong Kong’s residential sector, with Shanghai-based CIFI Holdings agreeing to sell its 60 percent stake in a Fortress Hill project with Wang On Properties to a joint venture of… Read More>>
Philippine Hyperscale JV Set to Break Ground Next Month: MTD TV
YCO Cloud Centers will break ground next month on the first phase of a… Read More>>
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