In today’s roundup of regional news headlines, Chinese cloud computing firm GDS considers buying data centre assets from logistics giant GLP, Blackstone rolls snake eyes in its bid for Australian casino operator Crown Resorts, and CDL announces support measures for… Read More>>
China’s Gree Acquires Zhuhai Duty Free for $1.8B and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, China’s Gree Real Estate has put the finishing touches on its entry into the duty-free retail sector, and Singapore-listed ARA Logos Logistics Trust has raised some fresh cash to finance the purchase… Read More>>
Reliance Retail India Deal on Hold Amid Amazon Battle and More Asia Real Estate Headlines
Battling business kingpins lead Mingtiandi’s collection of news headlines from around the region, with Amazon boss Jeff Bezos winning an interim judgement that blocks a potential deal for India’s Reliance Retail.
Also in the news, mainland China data centre operator… Read More>>
GDS, CITIC Fund Take on 63MW Data Centre in Beijing
GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to develop a new data centre in suburban Beijing, as the mainland server facility specialist ramps… Read More>>
GDS Buys Shanghai Data Centre Site From Mapletree Trust for RMB 330M
GDS Holdings Limited has acquired a bonded warehouse in Shanghai that it plans to convert into a data centre, as the company continues to ramp up its capacity in mainland China in the face of rising demand for cloud services… Read More>>
GDS Buys Beijing Data Centre for RMB 2.5B to Feed Video Streaming Frenzy
GDS Holdings has agreed to acquire a data centre campus in Beijing for RMB 2.5 billion ($348 million) as the company ramps up its capacity to keep up with the rising demand for cloud and digital technology across China, according… Read More>>
Investors Pump $1B into India’s Stressed Property Assets and More Asia Real Estate Headlines
Stressed assets lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that institutional investors have invested $1 billion in stalled projects in India this year.
In other news around the region, luxury brands… Read More>>
Asia Real Estate People in the News 2019-09-02
In this week’s edition of People in the News, just a few weeks after Hong Kong’s flagship airline was reminded that it operates at the pleasure of Beijing, the city’s biggest developer has moved to strengthen its mainland bona fides… Read More>>
GIC Aims for the Cloud in China Data Centre Tie-Up with GDS
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.
Initially, the Singaporean sovereign wealth… Read More>>