Asia Pacific real estate investment news and information
State-backed telcos Singtel and Telekom Malaysia have formed a joint venture to develop Malaysian data centres, starting with a hyperscale campus in the digital infrastructure hotbed of Johor with a potential capacity of 200 megawatts.
The partnership of TM and… Read More>>
KKR and Singapore telecom operator Singtel have agreed to invest as much as $2.2 billion for up to an 18.3 percent combined stake in ST Telemedia Global Data Centres in what stands as the largest digital infrastructure investment in Southeast… Read More>>
Ares Management, which has expanded its Asia presence through a series of acquisitions over the past four years, may be on the verge of its biggest buy yet, with a report on Friday indicating that the US firm could acquire… Read More>>
A data centre unit of tech giant Microsoft has agreed to acquire a development site in Malaysia for MYR 402.3 million ($85.5 million).
The land’s seller, Kuala Lumpur-based developer EcoWorld, announced the all-cash deal this week in a stock filing…. Read More>>
A joint venture between an affiliate of Starwood Capital and Sydney-based Arrow Capital Partners has divested a portfolio of seven logistics properties near Sydney and Melbourne for A$166.8 million ($110 million), after average prime net face rents of Australian industrial… Read More>>
For the second time in three months, an attempted collective sale of Far East Shopping Centre has collapsed at the last hurdle, with owners rejecting an offer of roughly S$880 million ($654.5 million) for the strata-title property on Singapore’s Orchard… Read More>>
AXA IM Alts has acquired a Kyoto hotel for JPY 6.8 billion ($44 million), as global investors continue to favour Japanese hospitality assets amid a tourism boom that drove visitor arrivals to a record 8.56 million in the first quarter,… Read More>>
The Korean unit of Singapore-based real estate fund manager ARA Asset Management has agreed to acquire the Conrad hotel in Seoul from Canadian giant Brookfield Asset Management, after a travel rebound saw the number of international tourists in the first… Read More>>
Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>
Singapore’s City Developments Ltd is on its way to adding one more redevelopment project to a rapidly transforming Orchard Road after winning a tender for a commercial building along the city-state’s famed shopping street.
The developer known as CDL was… Read More>>
