Asia Pacific real estate investment news and information
Chindata Group Holdings has received a takeover offer from chief backer Bain Capital that values the Beijing-based data centre operator at around $2.9 billion.
US private equity major Bain, which holds 42.17 percent of the total issued and outstanding share… Read More>>
Singapore’s Mapletree Industrial Trust plans to acquire a 10-megawatt data centre in downtown Osaka for JPY 52 billion ($370 million), marking the Temasek-backed REIT’s first investment in Japan.
SGX-listed MIT will acquire an effective interest of 98.47 percent in the… Read More>>
Blackstone’s Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the project expected to exceed 60 megawatts of critical IT load.
Lumina said Wednesday that it expected the first phase of the maiden development… Read More>>
Princeton Digital Group has struck a deal to acquire 31 acres (12.5 hectares) of land in Malaysia’s southern Johor state, across the border from Singapore, to develop a 150-megawatt data centre campus.
Warburg Pincus-backed PDG on Monday entered a definitive… Read More>>
Singapore’s ST Telemedia Global Data Centers (STT GDC) and Philippine conglomerate Ayala Group are investing as much as $1 billion to develop a 124-megawatt data centre campus in Metro Manila, marking the latest move by a regional data centre… Read More>>
With 314 new sites in development worldwide, the number of hyperscale data centres is expected to pass 1,000 by the end of 2024 — up from 500 five years ago, according to JLL.
The hyperscale market is expected to deliver… Read More>>
Data centers have become critical components of our growing dependence on technology. Surging demand coupled with high barriers to entry for new supply and a global search for attractive investment returns have brought the sector to center stage.
Big… Read More>>
Princeton Digital Group has hired Matthias Vukovich as chief investment officer, with the former Morgan Stanley banker to be based at the data centre provider’s Singapore headquarters.
Vukovich will lead investment and M&A activities at PDG, the company said in… Read More>>
The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a 12-megawatt data centre as the company’s largest facility in Thailand.
Located 57 kilometres (35.4 miles) from central Bangkok at Amata City… Read More>>
Singapore-based Digital Edge has entered a partnership with Japanese builder Hulic to develop a carrier-neutral data centre in downtown Tokyo, marking the platform’s seventh facility serving the capital city area.
The project, known as TYO7, will provide interconnect-focused co-location capacity… Read More>>
