Top level changes at a pair of Hong Kong-listed developers lead this week’s collection of personnel moves from around Asia, as the head of Shanghai-based builder trims back his role and a Hong Kong firm adds some diversity to its… Read More>>
Digital Core REIT Plans Stakes in Digital Realty Data Centres in Frankfurt, Dallas
Singapore-listed Digital Core REIT has entered into a deal with its sponsor, US server-hosting giant Digital Realty, to acquire a stake in a German data centre and a potential interest in a Texas facility, subject to market conditions.
Under the… Read More>>
Evergrande Chairman Called in to Face Govt and More Asia Real Estate Headlines
The ongoing debt struggles of China Evergrande Group lead the region’s real estate headlines again today, with chairman Xu Jiayin having to face local regulators in Guangdong to explain the developer’s restructuring plan and an unnamed creditor demanding payment on… Read More>>
Digital Realty Data Centre REIT Poised to Raise $600M in Singapore’s Top IPO of 2021
US-based Digital Realty is putting the finishing touches on the IPO of a global data centre REIT with a view to raising $600 million, a capital haul that could overtake the recently listed Daiwa House Logistics Trust as Singapore’s largest… Read More>>
Digital Realty Files for $235M Singapore IPO of Global Data Centre REIT
US-based Digital Realty has filed a preliminary prospectus for the $235 million IPO of a Singapore-listed REIT with a seed portfolio of 10 North American data centre assets.
The world’s biggest data centre trust is sponsoring Digital Core REIT, which… Read More>>
Evergrande Raises $273M in Exit From JV with Tencent and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped China Evergrande exits its stake in internet firm HengTen Networks, rival Country Garden’s property services arm seeks to raise cash through a share sale, and Hong Kong’s government eyes a record haul… Read More>>
New World Buys Causeway Bay Assets for $164.5M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s New World Development acquires a further stake in three run-down Causeway Bay buildings, flexible office provider IWG contemplates a spin-off of its digital assets, and a CapitaLand-CDL venture is set to… Read More>>
Digital Realty Spends $66M for Seoul Site to Build 64MW Data Centre
US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.
The world’s largest data centre trust plans to… Read More>>
Brookfield, Digital Realty JV to Bring Data Centre Giant Into India
Asset management giant Brookfield and data centre REIT Digital Realty have agreed to set up a joint venture to develop, own and operate data centres in India, gaining a foothold in one of the world’s largest and fastest-growing markets for… Read More>>
Asia Real Estate People in the News 2021-06-21
Personnel moves by major real estate enterprises continue to serve as an indicator of corporate direction, as JLL accelerates its shift toward technology with the appointment of a leading Asian venture capitalist to its global board. Logos Group is also… Read More>>