Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>
Henderson-Swire JV Completes Acquisition of $806M Quarry Bay Project
Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry Bay at a valuation of HK$6.3 billion ($806 million) after securing the remaining spaces at a public auction Tuesday.
The compulsory… Read More>>
Hong Kong Commercial Tower on the Market After Being Seized by Receivers
A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for tender in the latest case of a sale by receivers in the Asian financial capital.
Colliers was appointed by the property’s… Read More>>
Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market
A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>
Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment
Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics giant Prologis as its chief investment officer for Asia.
Thielke, who started her new role on 1 September, will oversee… Read More>>
EdgeConneX Enters Malaysian Data Centre Market with 300MW Project Pipeline
Data centre platform EdgeConneX on Monday announced its entry into Malaysia with a plan to develop 300 megawatts of capacity across three locations.
EdgeConneX, a hyperscale specialist backed by Swedish private equity firm EQT, aims to build facilities in the… Read More>>
Warburg Pincus’ Storhub Acquires Japanese Self-Storage Firm in Second Buyout in One Month
Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.
Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>
Warburg Pincus, PDG See AI Driving Demand for APAC Data Centres
https://player.vimeo.com/video/861145850?h=0372ef5d72Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Spotlight Interview with Princeton Digital Group and Warburg Pincus (https://player.vimeo.com/video/861145850?h=0372ef5d72)
A surge in adoption of artificial intelligence tools is driving demand for computing capacity… Read More>>
Logos Buys Newly Built Warehouse as Company’s Second Asset in South Korea
Logos has acquired a newly built logistics facility in Greater Seoul for an undisclosed price, adding a second asset to the industrial specialist’s portfolio in South Korea.
Known as Logos Yeoju Logistics Center, the fully dry warehouse is located along… Read More>>
Kerry Properties Breaks Ground on Biggest Shanghai Project Yet
Kerry Properties has broken ground on a project set to provide nearly 93 football fields of finished space in Shanghai’s Huangpu district in what would be its largest development to date in mainland China, the company announced on Wednesday.
The… Read More>>
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