The government of Hong Kong will sell a 77,737 square metre (836,754 square foot) site earmarked for a multi-storey logistics facility, with that story leading today’s headline roundup. In other news, Singapore’s CDL announces plans for a mixed-use project near… Read More>>
Digital Core REIT to Take Majority Stake in Frankfurt Data Centre With Buy of Up to $213M
Digital Core REIT plans to acquire a further interest in a Frankfurt data centre from its sponsor, US server-hosting giant Digital Realty, in a deal that would give the Singapore-listed trust a majority stake in the German facility.
The REIT’s… Read More>>
ADIA Joins Kotak in India Residential JV and More Asia Real Estate Headlines
The Abu Dhabi Investment Authority leads Mingtiandi’s first headline roundup of April with news that it is tying up with Kotak for its first residential investment in India. Also making the list, Singapore-listed Digital Core REIT acquires a further 10… Read More>>
Digital Core REIT Upping Stake in Frankfurt Data Centre to 49.9% With $129M Buy
Digital Core REIT will exercise its option to acquire a further 24.9 percent interest in a Frankfurt data centre from its sponsor, US server-hosting giant Digital Realty, for €117 million ($128.7 million), bringing the Singapore-listed trust’s stake in the German… Read More>>
Fosun Said Reviving $1B Sale of Hong Kong’s Peak Re and More Asia Real Estate Headlines
Shanghai’s Fosun leads today’s headline roundup with a report that the conglomerate plans to put Hong Kong-based Peak Reinsurance back on the market after an earlier attempt fizzled. Also making the list, Manulife US REIT’s distributable income drops 13.3 percent… Read More>>
Asia Real Estate People in the News 2023-09-11
A board reshuffle at a Singapore-listed data centre REIT leads this week’s collection of personnel moves in Asia’s real estate industry, as Digital Core REIT names a new chairman and CFO. Adding to the turnover this week is a director… Read More>>
Evergrande Car Unit Slides 69% as Trading Resumes and More Asia Real Estate Headlines
Evergrande may have flunked out of the electric vehicle competition, but it was stuck this week with a $2.8 billion tuition bill, per a story that leads today’s roundup of real estate news from around the region. Also in the… Read More>>
EC World REIT Gets Extension on China Asset Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled EC World REIT wins extra time to sell a pair of Hangzhou properties, and high-flying Singapore struggles to develop its stock market into a powerhouse.
EC World REIT Granted… Read More>>
BlackRock’s Head of China Quits Firm and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, BlackRock’s China boss departs after four years with the asset management giant, and a US data centre operator’s bankruptcy ripples through the portfolios of several Singapore-listed REITs. Also in the news, Lendlease… Read More>>
Digital Core REIT Buying Frankfurt Data Centre Stake and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Digital Core REIT proceeds with buying a stake in a German data centre while forgoing an acquisition in Dallas, and a journalistic probe illuminates casino boss Steve Wynn’s shadowy connections in China.