A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 data centres in North America from Digital Realty for $1.37 billion according to a joint announcement by the companies, as the ever-expanding… Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.
The Singapore-listed data… Read More>>
Singapore REIT Launches S$102M Offering to Fund Aussie Buy and More Asia Real Estate Headlines
Australia leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-listed REIT has launched a preferential offering to raise funds to acquire a grade A office in Adelaide.
In other news around the… Read More>>
APAC Data Centre Market Predicted to Grow to $28B by 2024
The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.
Underpinned by a surge in demand for cloud services and digitisation,… Read More>>
GIC Aims for the Cloud in China Data Centre Tie-Up with GDSÂ Â Â
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.
Initially, the Singaporean sovereign wealth… Read More>>
SPH Closes in on A$700M Aussie Retail Acquisition and More Asia Real Estate HeadlinesÂ
A retail investment in far southern Australia leads Mingtiandi’s roundup of Asia real estate news today as the kingpin of Singapore’s newspaper world continues to find bricks and mortar more compelling than paper and ink as it closes in on… Read More>>
Property Mogul Charged with Molestation and More Asia Real Estate Headlines
The disgraced former chairman of a Hong Kong-listed developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the property mogul has been formally charged with sexually molesting a child.
In other news… Read More>>
GIC, Equinix and Lendlease Announce $2B in Data Centre Ventures in Two Days
Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their appeal to real estate investors in Asia Pacific again this week, with two $1 billion data centre partnerships announced in two days.
$1.7B Land Auction Postponed By Hong Kong Protests and More Asia Real Estate Headlines
A dumped $1.7 billion land auction leads the way in Mingtiandi’s roundup of real estate headlines today with the Hong Kong government having postponed the sale of a residential site in Kowloon amid street protests against the now delayed… Read More>>
Anbang Launches Sales of Waldorf Astoria Condos and More Asia Real Estate Headlines
A scandal-ridden mainland insurance company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Beijing-based firm is ready to brave New York’s luxury condo downturn with a plan to launch sales of… Read More>>