India’s Mindspace Business Parks REIT is set to pay INR 20.38 billion ($240 million) to acquire two-thirds of a Hyderabad office building, in a deal which will make the capital of Telangana state its largest market by area.
In an… Read More>>
India’s CtrlS to Build Fourth Data Centre Project in Hyderabad
Hyderabad-based CtrlS Data Centers has joined the growing list of developers expanding capacity around the Telangana state capital, with the company this week announcing plans to build its fourth facility in the metropolitan area.
The project, which is planned for… Read More>>
STT GDC India to Invest $400M in Hyderabad Data Centre Campus
ST Telemedia Global Data Centre (STT GDC) is set to expand its portfolio in its biggest market, with digital infrastructure player’s India arm confirming plans to invest an estimated INR 3.5 billion ($400 million) to build a new data centre… Read More>>
CapitaLand India Trust Kicks Off $54M Hyderabad IT Park Redevelopment
Singapore’s CapitaLand India Trust is set to commence the second phase of redevelopment of a tech park in the capital of Telangana state at an estimated investment of INR 4.5 billion ($52 million).
Phase two of the redevelopment of International… Read More>>
Singapore to Start Work on New Airport Terminal and More Asia Real Estate Headlines
Singapore’s world famous airport is about to add capacity for another 50 million passengers, with that story leading Mingtiandi’s headline roundup today. Also in the news, Centaline Group confirms its purchase of Kowloon hotel and France’s Carrefour is ready to… Read More>>
GIC, Xander Buy India Business Park from Pimco Prime JV for $260M
Private equity firm Xander Investment Management announced on Wednesday that a partnership involving the company has acquired the Waverock office campus in the southern India city of Hyderabad from a Shapoorji Pallonji Group fund for INR 22 billion ($260 million),… Read More>>
CapitaLand India Trust Boosts Hyderabad Bets with Latest Business Park Acquisition
CapitaLand India Trust (CLINT) is set to add to its collection of 12 office buildings in Hyderabad after announcing a fresh deal with long-time partner Phoenix Group this past week.
In a bourse filing Friday, the trustee-manager of the SGX-listed… Read More>>
GIC Buying Back India Business Park From Pimco Prime Partnership for $259M
GIC is returning to familiar territory with an agreement to acquire a southern India business park from a fund managed by Europe’s Pimco Prime Real Estate after being part of a partnership which sold the Hyderabad asset to that venture… Read More>>
Singapore’s CapitaLand Investment Unveils India Business Park, Data Centre
Singapore property heavyweight CapitaLand Investment (CLI) continues to deepen its presence in India as it opens the first phase of a business park redevelopment project in Hyderabad and kicks off construction of a 40 megawatt data centre on the same… Read More>>
CapitaLand India Trust To Invest $155M in 36MW Hyderabad Data Centre
An India-focused property trust managed by Singapore’s CapitaLand Group is committing around INR 12 billion ($155 million) to build a 36 megawatt data centre in Hyderabad, as it ramps up its digital infrastructure footprint in Asia’s third largest economy.
SGX-listed… Read More>>