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david liu dcp

Former KKR Exec Teams with CITIC to Lead $300M Investment in China Data Centre Operator

2020/12/16 by Michael Cole Leave a Comment

A Beijing private equity firm has teamed up with a fund management division of China’s CITIC Group in a bet on growing demand for server co-location and cloud computing on the mainland, according to an announcement this week.

DCP Capital,… Read More>>

shu watanabe nuveen

Nuveen, Kenedix and Bouwinvest Invest Another $226M in Tokyo Apartment Portfolio

2020/12/15 by Michael Cole Leave a Comment

Nuveen Real Estate has teamed up with Japan’s Kenedix to add seven new assets to their Tokyo apartment portfolio, according to an announcement this week.

Tokyo Multifamily Partnership, a venture managed by Nuveen and Kenedix with backing from Dutch pension… Read More>>

Jeffrey C. Hines

Hines Forms $1.5B Build to Core JV with Korea’s National Pension Service

2020/12/10 by Michael Cole Leave a Comment

South Korea’s National Pension Service has made its second mega-deal of this month as the Jeonju-based giant today unveiled a $1.5 billion joint venture with US developer Hines to invest in real estate projects globally.

The $672 billion fund manager… Read More>>

Robin Khuda - AirTrunk CEO

Macquarie’s AirTrunk Opens First Asia Data Centres in Hong Kong, Singapore

2020/12/09 by Christopher Caillavet Leave a Comment

Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.

The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>

hu bing ying li

CEO of SG-Listed Developer is Latest Everbright Exec Nabbed for Corruption

2020/12/09 by Michael Cole Leave a Comment

The chief executive of a Singapore-listed developer has become the latest executive from China Everbright, one of the mainland’s largest state-owned financial groups, to be detained for corruption, according to a recent announcement.

Ying Li International Real Estate, which operates… Read More>>

stephen schwarzman tb

Blackstone Buys $1B Japan Portfolio From PAG

2020/12/06 by Michael Cole Leave a Comment

Blackstone has made its fourth major real estate acquisition in Japan this year, bringing its combined spending on property assets in the country to more than JPY 540 billion ($5.2 billion).

The US private equity giant has spent about JPY… Read More>>

laurent-jacquemin axa

AXA Pays $880M to Add Tokyo Data Centre, Apartments to Japan Portfolio

2020/12/02 by Michael Cole Leave a Comment

AXA Investment Managers has added its first data centre to its growing portfolio of Japanese real estate assets as the division of French insurer AXA announced that it has completed its purchase of a Tokyo area facility today.

The real… Read More>>

Suchad Chiaranussati SC

DBS Selects SC Capital as Replacement Manager of Troubled SG Hotel Trust

2020/12/01 by Michael Cole Leave a Comment

Singapore’s primary finance regulator today ordered the removal of the manager of Eagle Hospitality Trust in a measure aimed at remedying the woes of the troubled hotel REIT.

The judgement by the Monetary Authority of Singapore (MAS) had been expected… Read More>>

Gap Shuts Central Store as It Closes Up Shop in Hong Kong

2020/11/22 by Elizabeth Kerr Leave a Comment

US fast fashion retailer Gap is closing its doors in Hong Kong as it follows through on plans to shut its remaining stores in the world’s most expensive retail market by the end of November, according to Apple Daily.

The… Read More>>

Lee-Richards-485x600

CDL Says It Will Offload Hotels After Hospitality Business Lost $155M in 2020 1H

2020/11/19 by Christopher Caillavet Leave a Comment

Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.

After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>

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