A surge in adoption of artificial intelligence tools is driving demand for computing capacity… Read More>>
Singapore’s URA Launches Tender for Toa Payoh Site Yielding 775 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released a residential site for sale in the Toa Payoh neighbourhood of the city-state’s central region, as officials continue to roll out plots under the Government Land Sales Programme.
The tender for the 1.57… Read More>>
Kowloon Project Receives 32 Expressions of Interest in URA Tender
A residential redevelopment project in Kowloon’s redevelopment hotbed of To Kwa Wan received 32 expressions of interest, according to an announcement by Hong Kong’s Urban Renewal Authority, which is managing the tender.
The URA is looking to redevelop half of… Read More>>
SF Holdings Adds CICC, UBS to Banker Team for $3B Hong Kong IPO
China International Capital Corporation and UBS have been tapped by SF Holdings as overall coordinators and financial advisors to handle what is expected to be Hong Kong’s biggest initial public offering this year.
The two investment banks will be joining… Read More>>
Logos Buys Newly Built Warehouse as Company’s Second Asset in South Korea
Logos has acquired a newly built logistics facility in Greater Seoul for an undisclosed price, adding a second asset to the industrial specialist’s portfolio in South Korea.
Known as Logos Yeoju Logistics Center, the fully dry warehouse is located along… Read More>>
Singapore’s Well Smart Picks Up $323M Sydney Hotel Project
Singapore-based Well Smart Investment Holdings is acquiring a Sydney hotel project from Chinese-owned developer ICD Property and local firm Belingbak with plans to repurpose the planned A$500 million ($323 million) hotel and residential tower as a hospitality-only development.
Controlled by… Read More>>
Mingtiandi Forum to Explore Impact of AI on APAC Data Centres
It has been just over eight months since ChatGPT was released to the public and the generative AI tool has already set records for adoption while the resource requirements that it creates have been accelerating demand for data centre capacity… Read More>>
Cheung Kei Tycoon’s Seized Mid-Levels Apartment Said to Sell for $53.5M
A Hong Kong luxury apartment seized from Shenzhen tycoon Chen Hongtian in March has sold for HK$420 million ($53.5 million), according to local media accounts, with the price paid for the Mid-Levels home reportedly representing a 38 percent discount to… Read More>>
Indonesia’s Karim Family Buys Former Bank of China HQ in Sydney for $34M
Invictus Developments has acquired the former Bank of China Australian headquarters in Sydney for A$52.5 million ($34 million) with plans to convert the 15-storey tower into a luxury hotel as the Singapore-based investment firm assembles a portfolio of Aussie hospitality… Read More>>
CDL Buys Osaka Hotel for $58M, Adding to String of Hospitality Acquisitions
City Developments Ltd has acquired a 256-room Osaka hotel for JPY 8.5 billion ($58 million), chalking up the Singapore property giant’s third hospitality acquisition this year.
CDL paid roughly $230,000 per key for the Bespoke Hotel Shinsaibashi, a freehold property… Read More>>
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