The Kuok family’s Kerry Properties reports a 75 percent drop in full-year net profit despite rising revenue, with those results leading today’s headline roundup. Also in the news, Macquarie-backed Local acquires a Gold Coast apartment project and Chinese data centre… Read More>>
Gordon Tang-Led JV Places Top Bid for Singapore Site and More Asia Real Estate Headlines
A joint venture set up by Gordon Tang places the highest bid for a Singapore residential site, as the windsurfer’s latest moves lead today’s headline roundup. Also making the list, Bain Capital-backed Bridge Data Centres secures a large bank facility… Read More>>
GDS Eyes $3.4B in Loans for Malaysia Data Centres and More Asia Real Estate Headlines
Beijing-based data centre group GDS is seeking to borrow $3.4 billion to fund operations in Malaysia, with that report leading today’s headline roundup. Also in the news, Chinese builder Sunac warns of widening losses and Singapore’s 3D pressures Sapporo on… Read More>>
GDS to Bag $170M From Selling Data Centres to China Life-Backed Private REIT
Shanghai-based data centre firm GDS Holdings has agreed to sell some of its server-hosting facilities into a private REIT to be majority-owned by state-backed insurance giant China Life, with GDS expecting to net RMB 1.2 billion ($170 million) from the… Read More>>
GDS Said Considering US IPO for International Unit and More Asia Real Estate Headlines
Chinese data centre operator GDS explores a US listing of its international DayOne unit, with that story leading today’s headline roundup. Also making the list, Australian fund manager Elanor seeks buyers for hotel assets and a Melbourne skyscraper project faces… Read More>>
Asia Real Estate People in the News 2025-01-06
Mingtiandi’s first review of personnel changes from across Asia for 2025 finds a Hong Kong developer keeping executive power within the family, the international division of a mainland China data centre operator expanding its eam and the head of a… 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>>
GDS Data Centres Said Considering China REIT IPO and More Asia Real Estate Headlines
A pair of Chinese data centres leads today’s Christmas review of real estate headlines from around Asia as GDS gears up for a mainland IPO while one of its rivals looks for a listing on a US exchange. Defaulting developer… Read More>>
SoftBank, Citadel’s Griffin Boost GDS International Equity Raise to $1.2B
The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and Citadel boss Ken Griffin for an upsized Series B round to raise $1.2 billion in equity.
The new commitments from the SoftBank… Read More>>
Crypto Kingpin’s Singapore Mansion Sold for $38M and More Asia Real Estate Headlines
The wife of disgraced Three Arrows Capital co-founder Zhu Su has completed the sale of a Singapore mansion, with that disposal leading today’s headline roundup. Also making news, a Sentosa plot once belonging to a money launderer changes hands and… Read More>>
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