Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>
Hongkong Land Signs Up Law Firm HFW to Lease Central Floors Amid Rebound Hopes
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
Orix JREIT to Buy Osaka Hotel for $230M, Sell Pair of Tokyo Properties for $120M
Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).
The TSE-listed REIT is picking up Hotel… Read More>>
Temasek-Backed Tikehau Launches Asia Investment Management JV With Nikko AM
Tikehau Capital, the Paris-based fund manager backed by Singaporean state-owned investor Temasek, has set up a joint venture with Japan’s Nikko Asset Management to develop private asset investment strategies tailored to the Asian market.
Incorporated in Singapore at the close… Read More>>
STT GDC Breaks Ground on 16MW Data Centre at Johor Campus
ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in Malaysia’s Johor state, with the 16-megawatt facility scheduled to be fully operational by the end of 2026.
The STT Johor campus spans… Read More>>
Digital Edge CEO Samuel Lee Stepping Down, Former Legal Officer to Lead Data Centre Platform
Just over one month after closing on $1.6 billion in financing to expand its Asia footprint, regional data centre operator and investor Digital Edge has named John Freeman as its next chief executive officer, as its current CEO, Samuel Lee,… Read More>>
Invesco Sets Up China Rental Housing JV With Tencent-Backed Ziroom
US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a Tencent-backed apartment management platform to invest in and operate rental housing in China.
In a joint statement… Read More>>
Singapore Apartment Complex Sells for $41M as Housing Market Surges
An apartment complex in Singapore’s posh River Valley area has sold for the full asking price weeks after going to market, as home sales in the city-state continue to surge.
River Valley Apartments on River Valley Road in District 10… Read More>>
Hilton Continues India Expansion With Deal to Open 75 Hampton Hotels
Hilton Hotels and Resorts continues to expand its India footprint, with the US hotel giant announcing late last week that it will open 75 Hampton by Hilton hotels in the world’s fifth-largest economy.
Ranked third globally by the number of… Read More>>
Gaw Capital JV Completes First Phase of Data Centre in Indonesia’s Batam
Fund manager Gaw Capital Partners has opened the 5.2-megawatt first phase of a data centre on the Indonesian island of Batam, near Singapore, as digital infrastructure investors continue to favour Southeast Asian markets.
The two-part development at Batam’s Nongsa Digital… Read More>>
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