Asia’s data centre market has been expanding to hyperscale this year, and next week Mingtiandi will begin bringing you a series of online conversations with top operators and investors in the sector, including Blackstone, Warburg Pincus, Cisco Systems and Singapore’s… Read More>>
Goldin Claims HK$14B Sale of Kowloon East HQ Held by Receivers
While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>
Eagle Hospitality Trust Directors Arrested in Singapore
The challenges of a Singapore-listed hotel trust escalated from financial problems to arrests this week as six current and former directors of Eagle Hospitality Trust were hauled in as part of a deepening investigation into its failures to make necessary… Read More>>
Bain Capital Data Centre Operator Raises $540M in NASDAQ IPO
A Bain Capital-backed data centre operator made a hyperscale debut on NASDAQ exchange yesterday with shares climbing by more than 20 percent after being priced at the top of their expected range.
Chindata, a Beijing-based developer and operator of Internet… Read More>>
Hong Kong Relaunches Pricey Land Plot on the Peak
The impending sale of a waterfront site on Central’s waterfront may be grabbing the attention of Hong Kong real estate watchers, but the government also this week announced plans for a second attempt at selling a luxury residential site on… Read More>>
GLP Raises $1.3B for European Logistics Fund
Asia’s largest logistics developer and fund manager revealed a major expansion of its European platform this week by announcing a €1.1 billion ($1.3 billion) first close on a fund spanning nine countries on the continent.
GLP raised the cash for… Read More>>
Hong Kong Aims to Sell HK$40B Central Waterfront Site By Year-End
Despite a tepid investment market, political and economic uncertainty and an ongoing public health crisis, the Hong Kong government is moving forward with an attempt to sell a trophy site site fronting the Central business district’s waterfront before the end… Read More>>
Goldin’s HK$18.3B Kowloon HQ Put on the Market by Creditors
The drama around cash-strapped developer Goldin Financial Holdings reached a new high point today as a property agent began marketing the Hong Kong-listed company’s headquarters on behalf of unpaid creditors, according to a statement received by Mingtiandi.
Knight Frank announced… Read More>>
CapitaLand Fund Buying Office Tower Near Singapore’s Tanjong Pagar for S$200M
Singapore’s office market showed signs of life today as a listed company controlled by the family of Indonesian billionaire Tahir is selling an office tower for S$200 million ($145.6 million), according to an announcement to the stock exchange.
MYP Ltd,… Read More>>
Hong Kong Office Vacancy Rises for 13th Straight Month, Central Now 6% Empty
Hong Kong’s beleaguered Grade A office market continued to face rising vacancies and falling rents in August, although the emptying out of Central and other core districts of the city showed signs of slowing, according to a report released earlier… Read More>>
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