Blackstone will invest a further $250 million in Beijing-based data centre developer VNET Group, as the US private equity giant looks to jump-start a bet that has suffered in the wake of China’s crackdown on domestic firms listing on American… Read More>>
ESR Acquires Delhi Area Industrial Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, logistics titan ESR acquires a Delhi industrial site from local property firm TARC, analysts predict a muted start to the Lunar New Year for Hong Kong’s housing market, and Chinese developer Dahua Group… Read More>>
Singapore Sets Efficiency Targets as Data Centre Reopening Kicks Off
New data centres are on the way in Singapore, the government revealed late last week, but not very many and only under tight efficiency guidelines, according to information provided by regulators to data centre industry players in an online meeting.
GIC and Equinix Expand Hyperscale Data Centre JV to Korea with $525M Deal
Singaporean sovereign wealth fund GIC and US data centre firm Equinix have agreed to form a $525 million joint venture to develop and operate two hyperscale facilities in South Korea, following similar initiatives in Europe and Japan.
The pair of… Read More>>
PAG Data Centre Startup Names Digital Realty Veteran as CEO
Hong Kong-based PAG continues to ramp up its incursion into Asia’s data centre race with the private equity firm on Friday announcing the appointment of Amandine Wang as chief executive officer of its Flow Digital Infrastructure venture.
Wang’s appointment came… Read More>>
Oaktree Backs Stack Entry to APAC Data Centre Market with 36MW Japan Facility
US hyperscale specialist Stack Infrastructure has teamed up with global investment firm Oaktree Capital Management to build a 36 megawatt data centre campus in Japan’s Chiba prefecture, marking its first facility in the Asia Pacific region.
Stack, which has locations… Read More>>
Singapore Lifts Data Centre Ban, But Will Cap Capacity, Require Efficiency
The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.
Bain-Backed Chindata Data Centres Announces Terms of Divorce From Former CEO
Chindata Group has shed some light on the fate of recently departed CEO Alex Ju, who will assume a new non-executive role as he prepares to exit the Beijing-based data centre provider he founded more than six years ago.
As… Read More>>
Keppel DC REIT Expands UK Portfolio With Purchase of Vodafone Facility
Keppel DC REIT has added a third UK property to its portfolio through a £57 million ($76.45 million) acquisition announced this week, as it faces new competition on the Singapore Exchange.
The Singaporean trust has agreed to buy a freehold… Read More>>
US Data Centre Firm EdgeConneX Buys Stake in Chayora’s Mainland Platform
EdgeConneX, a US data centre firm backed by Swedish fund manager EQT, has taken a stake in Hong Kong-based developer Chayora, with the partners aiming to expand Chayora’s digital infrastructure platform across key markets in mainland China.
Chayora’s existing hyperscale,… Read More>>
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