Vietnam’s fast-growing economy and robust e-commerce sector have made the country fertile ground for logistics development, a Hanoi-based… Read More>>
Princeton Digital to Build 97MW Tokyo-Area Data Centre Campus for $1B
Singapore-based Princeton Digital Group has fired the latest salvo in Asia’s intensifying data centre race, announcing plans to develop a 97-megawatt hyperscale campus near Tokyo at a total investment of $1 billion.
Japan becomes the fifth market for PDG —… Read More>>
Sino Land Buying Raffles City Stakes From CapitaLand, GIC for $252M
Hong Kong developer Sino Land is sticking around at CapitaLand’s Raffles City Shanghai mixed-use development, agreeing to pay S$339 million ($252.1 million) to maintain its effective stake in the property’s mainland-based owner at 22.35 percent.
The deal enables the developer… Read More>>
CapitaLand Selling Stakes in $7.2B China Raffles City Portfolio to Ping An
Singapore’s CapitaLand has agreed to sell partial stakes in six of the nine mixed-use Raffles City developments in China to mainland insurance giant Ping An, as Southeast Asia’s largest developer and the region’s second-largest fund manager continues to turn its… Read More>>
Sunac China Buying Hangzhou Hotel, Office Tower From Oceanwide for $340M
A pair of mainland developers — cash-strapped China Oceanwide Holdings and distressed-asset enthusiast Sunac China Holdings — have seen their interests converge once again, with Sunac agreeing to buy two of Oceanwide’s Hangzhou properties for RMB 2.2 billion ($340 million),… Read More>>
Central Singapore Office Rents Rose 1.2% in Q2 in First COVID-Era Increase
Spring has brought fresh growth to Singapore’s central business district as office rents registered their first uptick since the dawn of the pandemic, JLL said this week in its second-quarter research report.
Average monthly gross effective rents for Grade A… Read More>>
Warburg Pincus-Backed Developer to Share Vietnam Industrial Insights on Wednesday
With its youthful population and fast-growing economy, Vietnam is quickly becoming an integral part of multi-national supply chains, with the country’s industrial real estate market now among Asia’s most dynamic.
Co-founded by US private equity firm Warburg Pincus and Vietnamese… Read More>>
Hines Promotes European Fund Manager Peter Epping to Global Head of ESG
US developer Hines has set up a dedicated global team to tackle environmental, social and governance issues under the leadership of European fund manager Peter Epping.
In his newly created role as global head of ESG, Epping will spearhead the… Read More>>
Ivanhoe, Logos and Warehouses as Economic Infrastructure: MTD TV Asia Logistics Forum 2021
Logistics investment’s long and winding road in Asia found the fast lane last year as… Read More>>
Hong Kong Office Leasing Ended Two-Year Contraction in May
Hong Kong’s office leasing picture brightened in May as tenants occupied more Grade A space than they had in the previous month for the first time since July 2019, according to a report released by JLL.
Absorption of top-grade offices… Read More>>
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