Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>
Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment
Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics giant Prologis as its chief investment officer for Asia.
Thielke, who started her new role on 1 September, will oversee… Read More>>
GuocoLand, CDL Enter Top Bids for Lentor Central, Champions Way URA Sites
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
SE Asia Data Centre Boom to Continue Say EdgeConneX, Engie, Wong & Partners: MTD TV
Southeast Asia has been Asia Pacific’s most active data centre development market in 2023, with… Read More>>
Blackstone Buys Australia’s Student One for $322M
Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.
The acquisition comprises three premium… Read More>>
Link CIO Kenny Lam Leaving Asia’s Largest REIT
Kenny Lam, chief investment officer for strategic investment at Hong Kong’s Link REIT, has resigned from his role after just over a year on the job, as rising interest rates dent prospects for listed property trusts globally.
Lam is leaving… Read More>>
Norway’s $1.4T Sovereign Fund Closing Shanghai Office in Shift to Singapore
Norges Bank Investment Management has begun the process of closing its representative office in Shanghai, as the overseer of Norway’s sovereign wealth fund continues to build up its Singapore branch as a hub of activity for all of Asia.
The… Read More>>
Warburg Pincus’ Storhub Acquires Japanese Self-Storage Firm in Second Buyout in One Month
Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.
Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>
SHKP Posts $3B Profit as Hong Kong Home Sales Climb 13%, Rental Income Steady
Sun Hung Kai Properties reported a full-year profit attributable to shareholders of HK$23.9 billion ($3 billion), down 6.5 percent, as the developer controlled by Hong Kong’s Kwok family narrowed its investment losses and reported solid residential sales in the city.
JLL, Logos, Baker Mac Brace for APAC’s AI-Driven Hyperscale Boom: MTD TV
Data centre leasing in North America is breaking records amid a surge in AI-powered activity by US tech giants,… Read More>>
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