Mingtiandi’s fifth annual data centre forum kicks off next week with the online programme including a special spotlight interview session with Princeton Digital Group chairman, CEO and co-founder Rangu Salgame after the Singapore-based firm last month announced a 500MW regional… Read More>>
CPPIB Taps Schroders’ Sophie Van Oosterom as Global Head of Real Estate
The Canada Pension Plan Investment Board (CPPIB) has tapped Sophie Van Oosterom to lead its global real estate business, according to market sources who spoke to Mingtiandi.
The executive will be departing her parallel role at British investment manager Schroders… Read More>>
JD Property Acquires Hong Kong Industrial Building from M&G for $232M
JD Property, the infrastructure investment and management arm of Chinese e-commerce giant JD.com, has acquired the LiFung Centre in Hong Kong from London-based M&G Real Estate for HK$1.8 billion ($232 million), in the city’s largest en-bloc industrial transaction so far… Read More>>
Hines, Ontario Teachers’ Buy Two Brisbane Multi-Family Projects for $242M
US developer and fund manager Hines and the Ontario Teachers’ Pension Plan have completed their acquisition of two build-to-rent projects in Brisbane with a total of 354 units, providing exposure to a growing market for multi-family assets in Australia.
The… Read More>>
Mapletree Industrial Trust Expanding Japan Data Centre Footprint with $101M Tokyo Buy
Mapletree Industrial Trust (MIT) has agreed to acquire a West Tokyo facility for redevelopment into a new data centre, with the SGX-listed REIT’s purchase coming as investors have poured $5.5 billion into Japanese data centre assets so far this year,… Read More>>
Google Unveils $1B Investment Plan for Thailand Data Centre, Public Cloud Location
Google on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand, including plans for a data centre in the country’s eastern industrial heartland and a public cloud location in Bangkok.
Google’s first Thai data centre will… Read More>>
Manulife US REIT Selling California Office Building for $117M to Repay Debt
Manulife US REIT has agreed to sell a California office building for $117 million, with the Singapore-listed trust planning to use proceeds from the disposal to repay all loans due in 2025.
MUST will tap existing cash and the net… Read More>>
PGIM Selling Pair of Singapore Office Floors as Strata Market Heats Up
PGIM Real Estate is selling a pair of floors in an office building on Singapore’s Robinson Road to a buyer said to be from mainland China, as private investors continue to dominate deals in the Lion City’s commercial market.
After… Read More>>
JLL APAC CEO Anthony Couse Set to Leave Company After 35 Years
JLL will be saying goodbye over the coming months to its chief executive for Asia Pacific, Anthony Couse, according to an internal company memo seen by Mingtiandi.
“I’m reaching out today with an important leadership update. After a remarkable journey… Read More>>
Pair of Orchard Road Floors Sell for $53M to Set New Singapore Record
Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.
Luxury… Read More>>
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