Asia real estate and outbound investment news
Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully-fitted facility in Guangdong province, for RMB 635.9 million ($98 million), as mainland assets continue to attract investors assembling regionwide server-hosting portfolios.
Situated within the… Read More>>
Hong Kong-based telecom operator PCCW is selling its data centre business to DigitalBridge, a New York Stock Exchange-listed real estate investment trust that was known as Colony Capital until one month ago, for $750 million, according to a notice to… Read More>>
Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center First, with a project in the nearby Indonesian city of Batam.
Industry veteran Wong Ka Vin leads Data Center First as co-founder… Read More>>
Asset management giant Brookfield and data centre REIT Digital Realty have agreed to set up a joint venture to develop, own and operate data centres in India, gaining a foothold in one of the world’s largest and fastest-growing markets for… Read More>>
Japanese finance group Mitsui has won backing from the Canada Pension Plan Investment Board (CPPIB) to invest in developing hyperscale data centres in Japan as demand for data grows in Asia’s most developed economy.
The $397.4 billion Toronto-based giant has… Read More>>
As Gaw Capital Partners prepares to launch a platform to broaden its data centre portfolio beyond China, the Hong Kong-based private equity firm has brought aboard industry veteran Kok-Chye Ong to spearhead the effort.
Gaw on Tuesday announced Ong as… Read More>>
Singapore-based Princeton Digital Group has fired the latest salvo in Asia’s intensifying data centre race, announcing plans to develop a 97-megawatt hyperscale campus near Tokyo at a total investment of $1 billion.
Japan becomes the fifth market for PDG —… Read More>>
In today’s roundup of regional news headlines, data centre operator BDx launches its campus in Nanjing, Singapore’s Keppel floats a novel concept for urban development, and Hong Kong retail landlords contemplate rent hikes as the economy recovers.
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As surging demand for cloud services from big companies and state agencies drives growth in Asia Pacific data centres, regional capital is building platforms and incubating startups eager to grab a piece of the action.
So far, few operators have… Read More>>
Singapore-based Digital Edge has paid $165 million to acquire a controlling interest and become the largest shareholder in data centre operator PT Indointernet Tbk.
The investment in the Indonesian firm, known as Indonet for short, brings Digital Edge’s regional portfolio… Read More>>
