JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… 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>>
BentallGreenOak-Metcold Partnership Acquires Beijing Cold Chain Project
China’s e-commerce giants have bet big on online grocery, and the need for specialised warehouses to distribute fresh food to hungry mainlanders is providing opportunity for North American fund manager BentallGreenOak and its partners.
Mainland logistics developer Metcold announced this… Read More>>
Data Centre Investment Experts to Lead Tuesday Event: MTD TV MTD TV APAC Data Centre Forum 2021
Data centre investment veterans from Princeton Digital Group, Nuveen, JLL and US law firm Greenberg Traurig will be sharing insights on Asia’s hottest real estate investment sector this coming Tuesday on MTD TV.
The one-hour discussion will focus on the… Read More>>
Colt Breaks Ground on Osaka Data Centre for Mitsui-CPPIB Fund
Colt Data Centre Services has begun building its first data centre in Japan under a hyperscale development deal struck by its parent firm Fidelity, finance group Mitsui and the Canada Pension Plan Investment Board.
The 45-megawatt data centre in Keihanna… Read More>>
NTT Data Centre Division Charts 20% Global Expansion Through 2022
NTT Ltd plans to grow its global data centre footprint by 20 percent over the next 18 months, with projects in India and Indonesia contributing to the rapid expansion of one of the world’s biggest server-hosting platforms.
London-based NTT Ltd… Read More>>
Princeton Digital Sees APAC Network Expand with Hyperscaler Demand: MTD TV APAC Data Centre Forum 2021
https://player.vimeo.com/video/595063606?h=6df571f892Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Spotlight Interview with Princeton Digital Group (https://player.vimeo.com/video/595063606?h=6df571f892)
Singapore-based Princeton Digital Group plans to grow its Asia Pacific data centre platform in sync with… Read More>>
Far East, Sino Land Win Central Singapore Mixed-Use Site for $770M
A joint bid by Singapore-based Far East Organization and Hong Kong’s Sino Group has won a tender for a commercial and residential site in the leafy Jalan Anak Bukit area of central Singapore, with the S$1.03 billion ($770 million) offer… Read More>>
Mapletree Buys Four UK Student Housing Assets From Vita Group for $227M
With universities in reopening mode as the COVID-19 crisis recedes in Britain, Singapore’s Mapletree Investments has taken the opportunity to acquire four purpose-built student housing assets in England for a total consideration exceeding £165 million ($227 million).
The 917-bed portfolio… Read More>>
China Vanke Net Profit Dips 11.7% in 2021 1H as Margins Decline, Development Slows
China Vanke’s net profit for the first half of 2021 fell 11.7 percent year-on-year to RMB 11 billion ($1.7 billion in current terms), compared with 6 percent growth in the year-earlier period, as margins on booked development projects declined and… Read More>>
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