The head of one of Hong Kong’s few homegrown data centre networks is not afraid to… Read More>>
Kowloon Redevelopment Project Sells for $41.2M as Hong Kong Housing Sizzles
Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
Fitch Says Evergrande Likely to Default as Paint Supplier Bristles Over Unpaid Debt
China Evergrande Group suffered fresh credit downgrades this week from a pair of key credit agencies, and the world’s most indebted developer also caught flack from a paint supplier for failure to repay more than RMB 100 million ($16 million)… Read More>>
Blackstone Completes $40M Purchase of North Delhi Warehouse
US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North Delhi warehouse asset for INR 295 crore ($40.1 million).
Already the country’s biggest warehouse owner, the private equity giant purchased its… Read More>>
Demographics and Demand Driving Asia Data Centre Investment Surge: MTD TV APAC Data Centre Forum 2021
The regional boom in data centres shows no sign of fading as mobile data usage and demand… Read More>>
Blackstone Buys Industrial Building in Hong Kong’s New Territories for $36M
Following a path to a town near Hong Kong’s border with Shenzhen which has already welcomed traffic from some of the region’s biggest fund managers this year, Blackstone has acquired a six-storey building in Hong Kong’s Fanling area for HK$282.6… Read More>>
CBRE Announces Two Hotels Team Additions as Hospitality Market Declines
CBRE has appointed two senior-level hires to its Asia Pacific hotels team, placing a bet on a travel rebound once pandemic restrictions are lifted.
IHG Hotels veteran Steve Carroll has joined the agency as head of hotels and hospitality for… Read More>>
Nuveen Taps European Investors to Raise Further $213M for $2B Core APAC Fund
Nuveen Real Estate has raised a further $213.5 million for its Asia Pacific Cities strategy, with the Chicago-based fund manager securing capital commitments from four European investors.
The platform, which focuses on high-quality assets in “future-proof cities”, has raised more… Read More>>
Keppel DC REIT Adds to European Portfolio With $44M Dutch Data Centre Buy
Singapore-listed Keppel DC REIT has acquired a third data centre in the Netherlands, strengthening the trust’s foothold in a key server-hosting market and reinforcing the portfolio’s emphasis on European assets.
The REIT paid €37.2 million ($44.1 million) for the property… Read More>>
BDx Boss to Unwrap APAC Data Centre Value-Add Strategy on MTD TV Thursday MTD TV APAC Data Centre Forum 2021
With investors struggling to source data centres in Asia Pacific, the head of a Hong Kong-based information infrastructure operator seems to have hit on a formula for creating productive service facilities from less-loved assets, and Mingtiandi has invited the industry… Read More>>
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