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>>
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