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Chan Hung Ming Grand Ming

Kowloon Redevelopment Project Sells for $41.2M as Hong Kong Housing Sizzles

2021/09/09 by Pawara Laothamatas Leave a Comment

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>>

evergrande directors

Fitch Says Evergrande Likely to Default as Paint Supplier Bristles Over Unpaid Debt

2021/09/08 by Christopher Caillavet Leave a Comment

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>>

Amar Sarin - MD and CEO of TARC

Blackstone Completes $40M Purchase of North Delhi Warehouse

2021/09/08 by Christopher Caillavet Leave a Comment

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 APAC Data Centre Forum 2021

2021/09/07 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/599292317?h=910591d951Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Data Centre Investment in Asia (https://player.vimeo.com/video/599292317?h=910591d951)

The regional boom in data centres shows no sign of fading as mobile data usage and demand… Read More>>

Yip's Chemical chairman Tony Ip Chi Shing

Blackstone Buys Industrial Building in Hong Kong’s New Territories for $36M

2021/09/07 by Pawara Laothamatas Leave a Comment

Following a path to a town near Hong Kong’s border with Shenzhen which has already welcomed traffic from some of the region’s biggest fund managers this year, Blackstone has acquired a six-storey building in Hong Kong’s Fanling area for HK$282.6… Read More>>

Steve Carroll

CBRE Announces Two Hotels Team Additions as Hospitality Market Declines

2021/09/07 by Pawara Laothamatas Leave a Comment

CBRE has appointed two senior-level hires to its Asia Pacific hotels team, placing a bet on a travel rebound once pandemic restrictions are lifted.

IHG Hotels veteran Steve Carroll has joined the agency as head of hotels and hospitality for… Read More>>

li shifa

JD to Buy Controlling Stake in China Logistics Property for $513M

2021/09/05 by Christopher Caillavet Leave a Comment

JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… Read More>>

Manoj Paul - equinix

Equinix Enters India with Completion of $161M Mumbai Data Centre Deal

2021/09/03 by Christopher Caillavet Leave a Comment

Equinix has added two Mumbai data centres to its flagship platform after completing the acquisition of GPX Global Systems’ India operations, thus officially planting a flag in one of the fastest-growing countries for server-hosting facilities.

Under the deal first announced… Read More>>

Henry Ha Metcold CEO

BentallGreenOak-Metcold Partnership Acquires Beijing Cold Chain Project

2021/09/02 by Christopher Caillavet Leave a Comment

China’s e-commerce giants have bet big on online grocery, and the need for specialised warehouses to distribute fresh food to hungry mainlanders is providing opportunity for North American fund manager BentallGreenOak and its partners.

Mainland logistics developer Metcold announced this… Read More>>

Jing Zhou, Senior Director, Alternatives and Strategic Transactions, Nuveen

Data Centre Investment Experts to Lead Tuesday Event: MTD TV MTD TV APAC Data Centre Forum 2021

2021/09/02 by Michael Cole Leave a Comment

Data centre investment veterans from Princeton Digital Group, Nuveen, JLL and US law firm Greenberg Traurig will be sharing insights on Asia’s hottest real estate investment sector this coming Tuesday on MTD TV.

The one-hour discussion will focus on the… Read More>>

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