In today’s roundup of regional news headlines, a property services unit of China Vanke lines up a billion-dollar IPO, Singapore-based GLP buys a California warehouse, and the Hong Kong bourse asks Evergrande to ensure management integrity before stock trading can… Read More>>
Singapore Opens Applications for New Data Centre Development
Data centre operators eager to serve Singapore’s growing tech sector received some good news this week as the city-state formally reopened applications for the energy-hungry facilities after a three-year hiatus. However, only the efficient and green need apply for the… Read More>>
Equinix, PGIM Open Sydney Data Centre and More Asia Real Estate Headlines
A new data centre in Sydney leads today’s list of real estate headlines from around the region, as Equinix and PGIM Real Estate open their first hyperscale facility in the capital of New South Wales. Also in the news, China’s… Read More>>
Equinix Investing $86M to Develop Third Data Centre in Mumbai Hotspot
Equinix continues to expand in India’s biggest server-hosting market, with the US giant announcing plans to build its third Mumbai data centre at an initial investment cost of more than $86 million.
The initial investment includes the acquisition of a… Read More>>
Equinix Completes $86M Upgrade of SG Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu Dhabi’s sovereign wealth fund takes a stake in an Indian private equity firm, and Hong Kong developers cut prices to boost… Read More>>
Evergrande Bondholders Move Toward Lawsuit and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a group of bondholders reportedly mulls legal action against Evergrande after the surprise disclosure of seized cash at the developer’s services unit, while rival Sunac China is said to be in talks to… Read More>>
GIC and Equinix Expand Hyperscale Data Centre JV to Korea with $525M Deal
Singaporean sovereign wealth fund GIC and US data centre firm Equinix have agreed to form a $525 million joint venture to develop and operate two hyperscale facilities in South Korea, following similar initiatives in Europe and Japan.
The pair of… Read More>>
Evergrande Crisis to Be Dealt With by Market Says PBOC and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s central bank chief says the Evergrande crisis will be handled according to market conventions, Singapore’s luxury home sales hit a fresh record high, and Equinix opens its third data centre in the… Read More>>
PGIM Enters APAC Data Centre Market with $575M Equinix Sydney JV
PGIM Real Estate is set to make its first Asia Pacific data centre investment after teaming up with Equinix to form a $575 million joint venture that will expand the network infrastructure giant’s hyperscale footprint into Australia.
The property fund… Read More>>
Equinix Enters India with Completion of $161M Mumbai Data Centre Deal
Equinix has added two Mumbai data centres to its flagship platform after completing the acquisition of GPX Global Systems’ India operations, thus officially planting a flag in one of the fastest-growing countries for server-hosting facilities.
Under the deal first announced… Read More>>
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