Asia real estate and outbound investment news
The trade war leads the way in Mingtiandi’s roundup of Asia real estate news today with economists predicting a possible tumble in the world’s least affordable housing market, while Singapore slashes the supply of private residential housing.
In other news… Read More>>
Hong Kong’s second-largest developer just added an extra shot of uncertainty to the new year by predicting that housing prices could drop by a fifth this year as we make our daily survey of real estate news in the region,… Read More>>
Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is preparing for a stock market listing in Hong Kong later this year that could value it at more than £9… Read More>>
At the top of today’s real estate headlines from around the region, China’s HNA Group is adding a Harbin hotel project and 19 other assets to a list of items it hopes to sell off as the conglomerate continues to… Read More>>
Facebook has chosen Singapore as the site of its first billion-dollar data center in Asia. The region is home to the tech giant’s fastest growing market and hosts 40 percent of Facebook’s 2.23 billion monthly active users.
“We selected Singapore… Read More>>
The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 square metre industrial facility at 2-16 Lam Tin Street in Kwai Chung district for HK$770 million ($98 million), according to… Read More>>
Data centre developer Global Switch Limited announced last week that a consortium of Chinese investors including AVIC Trust and Hong Kong affiliates of China Citic Bank, Haoyue Capital and Jiangsu Sha Steel have agreed to pay £2.1 billion ($2.78 billion)… Read More>>
An investor known better for his political involvement than his investment projects finds his way back into the news today as Australian-Chinese real estate developer turned political donor Huang Xiangmo closes on the purchase of A$2.8 billion in real estate… Read More>>
Singapore-listed Keppel DC REIT has entered a deal to buy a data centre in the city-state for S$295 million ($221 million), as Singapore’s thriving market for outsourced data storage posts 13 percent annual revenue growth.
Keppel DC REIT, a dedicated… Read More>>
The manager of Keppel DC REIT, which owns more than one million square feet of data centre space, has appointed Christina Tan as chairman of the board of directors of the Singapore-listed trust, effective Wednesday.
The new role comes in… Read More>>
