When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by nearly 56 percent, according to an announcement by the Lands… Read More>>
GDS, CITIC Fund Take on 63MW Data Centre in Beijing
GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to develop a new data centre in suburban Beijing, as the mainland server facility specialist ramps… Read More>>
Keppel Investing RMB 1.5B to Build First Mainland China Data Centre
Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.
Digital Realty Kicks Off Work on Second Hong Kong Data Centre
US-based data centre REIT Digital Realty announced late last week that it will start development of its second data centre in Hong Kong as the 16-year-old company expands its footprint in Asia Pacific.
The company expects the carrier neutral facility,… Read More>>
Join the Mingtiandi Asia Data Centre Forum 2020 MTD TV Productions
Mingtiandi will hold its first ever data centre real estate forum during October and November, with the three-part set of online gatherings featuring speakers from Blackstone, Warburg Pincus, Princeton Digital Group, Baker McKenzie and Cisco Systems.
The set of interactive… Read More>>
Hong Kong Home Sales Hit 13-Month High in June and More Asia Real Estate Headlines
Lower home prices in Hong Kong seem to have rekindled buyer demand as figures showing a 92 percent increase in housing sales lead today’s collection of real estate headlines from around the region.
Despite the rebound in… Read More>>
Blackstone Invests $150M in Mainland Data Centre Developer 21Vianet
Blackstone Group early this week announced that it had invested RMB 1.06 billion ($150 million) for a stake in NASDAQ-listed Chinese data centre developer 21Vianet Group through a private placement.
The investment makes the US fund manager one of the… Read More>>
GIC Plugs into $1B Japan Data Centre JV with Equinix
GIC has set up a joint venture worth more than $1 billion with data centre provider Equinix to develop hyperscale server facilities in Japan, just nine months after the two parties established a separate $1 billion joint venture to build… Read More>>
Hong Kong Data Centre Operator BDx Takes Aim at SE Asia with Singapore Buy
Big Data Exchange, the data centre platform of Hong Kong internet provider HGC Global Communications, has completed the acquisition of its first facility outside of Greater China as part of a A$160 million ($102 million) deal as the company looks… Read More>>
Lendlease Picks Global Switch Vet to Lead $1B APAC Data Centre Push
Australian property giant Lendlease has hired former Global Switch managing director Sam Lee to head up its data centre platform in Asia Pacific.
With Lee overseeing operations from Singapore as Lendlease’s managing director of data centres, the developer plans to… Read More>>
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