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Jonathan Zhu Bain Capital

Bain Capital Sells China Data Centre Business to Local Consortium for $3.9B

2025/09/11 by Michael Cole, Iris Hong Leave a Comment

Bain Capital has agreed to sell the China operations of the data centre platform formerly known as Chindata for RMB 28 billion ($3.93 billion), marking the largest merger and acquisition deal ever in China’s data centre industry, the US private… Read More>>

Liam Wee Sin, Group Chief Executive of UOL

UOL Group Selling Singapore Mall to Mainland Family for $292M

2025/09/11 by Christopher Caillavet Leave a Comment

UOL Group has agreed to sell the Kinex mall in the eastern fringe of central Singapore for S$375 million ($291.9 million), with market sources naming mainland Chinese investors as the buyers.

Kinex consists of a three-storey retail podium situated below… Read More>>

Kazuaki Chokki of Hulic REIT

Hulic REIT Sells Two Japan Data Centres to Sponsor for $39M

2025/09/10 by Christopher Caillavet Leave a Comment

Hulic REIT has sold two ageing data centres in central Tokyo and Nagano to the TSE-listed trust’s sponsor, Japanese real estate giant Hulic, for JPY 5.7 billion ($38.6 million).

The deal’s headline asset, Ikebukuro Network Center in the capital’s Toshima… Read More>>

Toru Bando, head of Asia at Morgan Stanley Real Estate Investing (Image: Morgan Stanley)

Morgan Stanley Hits $900M Final Closing of Japan Real Estate Fund

2025/09/09 by Christopher Caillavet Leave a Comment

The real estate investment arm of banking giant Morgan Stanley has reached the final closing of a JPY 131 billion ($900 million) fund with a focus on properties in Japan’s residential, office and industrial sectors.

The yen-denominated vehicle, dubbed North… Read More>>

Masami Takizawa Patrizia

Patrizia Buys 14 Tokyo Residential Buildings for GIC-Backed Japan Fund

2025/09/03 by Michael Cole Leave a Comment

German fund manager Patrizia announced on Wednesday that it has purchased a Japan residential portfolio on behalf of a global institutional investor, as Asia’s second largest economy continues to be the top target for fund managers. 

The purchase of the… Read More>>

James Kemp, head of real estate for Asia Pacific at Macquarie Asset Management and chairman of UIB

Macquarie-Backed UIB Proposes Singapore Industrial REIT

2025/09/03 by Michael Cole Leave a Comment

A half-year after having been established as a regional industrial real estate platform based in Singapore, a Macquarie-backed venture has filed to list a real estate investment trust on the city-state’s stock exchange. 

UIB, a Macquarie Asset Management controlled company… Read More>>

Antoine Mesnage of AXA IM Alts

AXA IM Alts Adding First Melbourne Project to Australia BTR Platform

2025/09/02 by Christopher Caillavet Leave a Comment

AXA IM Alts has agreed to acquire a development site in central Melbourne for the first project in the city under the French fund manager’s Australia build-to-rent platform.

The 105-unit residential complex on Adderley Street in the Victoria capital’s CBD… Read More>>

ADIA to Invest Up to $1.5B in GLP as Ming Mei Continues to Cash Up

2025/08/28 by Christopher Caillavet Leave a Comment

GLP has secured a capital commitment from the Abu Dhabi Investment Authority of up to $1.5 billion to support the next phase of growth at the Asian warehouse specialist.

Government-backed ADIA, an existing partner in GLP funds, will invest an… Read More>>

Jun Ando

Schroders Names Former OTPP Exec Ando APAC Head as Moore Moves to Chairman Role

2025/08/27 by Iris Hong Leave a Comment

Schroders Capital has named a new head for its Asia Pacific real estate business as the UK investment manager signals a reboot after defaulting on loans tied to Hong Kong assets acquired under its most recent fund.

In a statement… Read More>>

Ming Mei

GLP Sells Stake in China Data Centre Business to Zhejiang Govt Entities for $350M

2025/08/26 by Iris Hong Leave a Comment

Industrial developer and fund manager GLP announced Tuesday that it has secured RMB 2.5 billion ($349.5 million) in investment from Zhejiang government entities to expand its China data center business.

The investors include Quzhou Industrial Holding Group, a state-owned investment… Read More>>

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