With Asia Pacific requiring an estimated $200 billion in data centre investment over the next three to five years to meet demand from AI and cloud adoption, providers with scale and operational strength will be best positioned to secure… Read More>>
Ares Management Buying GLP’s Non-China Fund Business for $3.7B
Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday.
The consideration for GLP Capital Partners’ business in Japan, Vietnam, Europe, the US and Brazil comprises $1.8 billion… Read More>>
APAC Data Centre Investment Set to Surge as AI Fuels Demand: MTD TV
With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan Investment Board ranking as the biggest data centre transaction to date, the world’s largest investors are jockeying to get on top of… Read More>>
Vantage Data Centers Taps Equinix’s Jeremy Deutsch as APAC President
US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, as the company’s Asia Pacific president.
The new role will see Deutsch tasked with driving regional growth, including strategy, market development, sales, construction… Read More>>
Hyperscalers Kick Off Mingtiandi Data Centre Forum on Tuesday
Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of Asia’s hyperscale market as Mingtiandi’s fifth annual data centre forum begins on Tuesday.
With data centre operators having brought on line… Read More>>
Korea’s Koramco Sells Gangnam Office Tower to Samsung SRA for $820M
A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to Samsung SRA Asset Management for KRW 1.1 trillion ($820 million).
The disposal of The Asset Gangnam by Kocref 43 REIT… Read More>>
Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country logged $2.6 billion of hotel transactions in the first half of the year, representing a 64 percent year-on-year increase, according to JLL.
Fragrance Group Buys Singapore’s Katong Plaza for $139M in Rare Collective Sale Win
Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to Mingtiandi, with the owners of the retail-residential asset notching a collective sale win on their fourth attempt amid a quiet season for en bloc… Read More>>
Heitman Buys 3 Osaka Apartment Buildings in Japan Multi-Family Expansion
Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager expanding its Japanese rental residential portfolio after multi-family transactions in the country surged 57 percent year-on-year in the 12 months through 30… Read More>>
Goodman Completes 50MW, GDS-Leased Data Centre in Hong Kong
Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial specialist forges forward with a transformation that has digital infrastructure projects now accounting for 40 percent of its development pipeline.
The… Read More>>
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