A data centre unit of Microsoft has agreed to buy its fourth land plot in Malaysia’s Johor state in less than a year under a MYR 119.8 million ($27.3 million) deal with local developer Crescendo Corporation.
Located in Johor Bahru’s… Read More>>
Asia Pacific real estate investment news and information
A data centre unit of Microsoft has agreed to buy its fourth land plot in Malaysia’s Johor state in less than a year under a MYR 119.8 million ($27.3 million) deal with local developer Crescendo Corporation.
Located in Johor Bahru’s… Read More>>
Brookfield Asset Management has acquired a stake in a Tokyo commercial complex, and a Nagoya logistics project, for a total of $1.6 billion, according to a statement this week, as the Canadian giant raises its bets on Asia’s second-largest economy.
Singapore’s Mapletree Investments has added 11 warehouses to its European logistics holdings, with help from its friends at Blackstone.
The Temasek Holdings-owned investment manager announced on Monday that it had purchased 10 warehouses in Spain and its first logistics asset… Read More>>
China Vanke on Monday warned of an attributable net loss of RMB 45 billion ($6.2 billion) for 2024 and announced the resignation and departure of president and CEO Zhu Jiusheng, whose reported arrest earlier this month had signalled a change… Read More>>
Japan Hotel REIT, the hospitality trust managed by Singapore-based SC Capital Partners, has agreed to buy the Hilton Fukuoka Sea Hawk from Mizuho Leasing for JPY 64.4 billion ($420 million), confirming Mingtiandi reporting from last year.
The Mizuho affiliate, which… Read More>>
CapitaLand Ascott Trust’s (CLAS) unitholders earned 7 percent less from their securities in the second half of 2024, as foreign exchange losses and higher interest rates weighed on returns, despite higher revenue.
The Singapore-listed hospitality trust’s distribution per stapled security… Read More>>
Billionaire tycoon Mukesh Ambani bids to build the world’s biggest data centre in India, with that story leading today’s headline roundup. Also in the news, a Hong Kong residential site attracts big-name developers and Japan’s central bank hikes rates to… Read More>>
More than two years after unveiling plans for a mainland-listed China logistics REIT, ESR announced the successful Shanghai IPO of the three-asset trust on Friday with the group having raised more than RMB 2.1 billion ($290 million) from the initial… Read More>>
A joint venture of Cushman & Wakefield and Mumbai-based Nuvama Asset Management has reached a INR 17 billion ($200 million) first closing for a private fund investing in prime office properties across India’s high-growth markets.
NCW, which the two companies… Read More>>
Office rents in Singapore’s central region dipped further in the last three months of 2024, as landlords prioritised maintaining occupancy amid market uncertainty.
According to data released on Friday by the Urban Redevelopment Authority (URA) , office rents in Singapore’s… Read More>>