With sales of new private homes in Singapore rising 25 percent in the fourth quarter from the preceding three months, the owners of an aging apartment block in one of the city-state’s priciest areas are hoping that developers have a… Read More>>
Stonepeak-Backed Digital Edge Secures $1.6B for Asia Expansion
Data center operator Digital Edge announced on Monday that it has raised over $1.6 billion in equity and debt financing, with the capital earmarked for expanding its data center infrastructure in Asia.
The deal mix includes $640 million in equity… Read More>>
CPPIB Exits Goodman US Warehouse JV With $1B Sale to Norway’s Norges
The Canada Pension Plan Investment Board has sold its interest in a North American warehouse partnership with Australia’s Goodman Group, dealing the 45 percent stake to Norway’s sovereign wealth fund last week for $1.07 billion.
The transaction with Norges Bank… Read More>>
CPPIB Selling China Mall Holdings to Dajia Insurance to Net $163M in Proceeds
A decade after forming its first joint venture with Longfor Properties, the Canada Pension Plan Investment Board (CPPIB) is selling its near-half stake in four projects with the mainland developer as it trims its exposure to commercial real estate in… Read More>>
Chinese Data Centre Giant GDS Relaunches International Unit as DayOne
The overseas business of one of China’s largest data centre operators announced its relaunch under a new brand on Wednesday, positioning the unit of Shanghai-based GDS Holdings as an independent group.
Now dubbed DayOne, the former GDS International describes itself… Read More>>
Henderson Land Prepares to Add to Mid-Levels Site in Hong Kong
Hong Kong heavyweight Henderson Land has applied for the compulsory sale of an ageing apartment block in the city’s Mid-Levels, aiming to add the asset to a redevelopment site with two already-acquired adjacent buildings.
The blue-chip builder holds 69.23 percent… Read More>>
Alibaba Selling Hypermarket Operator Sun Art to DCP Capital for $1.6B
The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion).
The buyer of the… Read More>>
Commercial Building in Hong Kong’s Central Trades for $140M After Bank Pressure
A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.
The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>
Country Garden Selling Stake in Chipmaker to State-Owned Firm for $270M
China’s Country Garden Holdings has agreed to sell its stake in a mainland chipmaker for RMB 2 billion ($270 million) as the troubled developer seeks to ease its ongoing cash crunch.
The 1.56 percent stake in Changxin Technology is held… Read More>>
Former CapitaLand Boss Lim Ming Yan to Lead Singapore’s Changi Airport
With Singapore set to expand its international airport by more than half, the country’s Ministry of Finance has named a former chief executive of CapitaLand Ltd to lead Changi Airport Group, according to an announcement on Friday.
Lim Ming Yan,… Read More>>
- « Previous Page
- 1
- …
- 72
- 73
- 74
- 75
- 76
- …
- 437
- Next Page »