Asia Pacific real estate investment news and information
Blackstone’s AirTrunk has entered India with the acquisition of Lumina CloudInfra for an undisclosed price, marking the hyperscale data centre operator’s expansion into the fast-growing South Asian market through a platform also owned by its parent.
The deal gives AirTrunk… Read More>>
Just two weeks after buying its second property in Chennai, Mindspace Business Parks REIT is adding a third asset in the southern India tech hub, according to an announcement on Tuesday by the trust’s manager.
The trust sponsored by developer… Read More>>
India’s Mindspace Business Parks REIT has agreed to pay INR 25.4 billion ($270 million) to acquire its second property in Chennai as it expands beyond its core Mumbai and Hyderabad markets.
In an announcement on 31 March, Mindspace REIT said… Read More>>
Asian industrial giant ESR on Wednesday announced its entry into India’s data centre market with a Mumbai project representing a total investment of INR 9 billion ($100 million).
The future facility in Navi Mumbai’s Rabale area has been pre-leased to… Read More>>
Blackstone is expanding its bets on digital infrastructure in India, with the private equity titan on Monday announcing its lead role in a $1.2 billion capital raise for Mumbai-based AI data centre startup Neysa.
Blackstone-managed funds and co-investors will provide… Read More>>
Logicap Management, an industrial specialist backed by Singapore-based Rava Partners, has received an investment in two of the platform’s India logistics properties from Japanese developer Hulic, the companies said Thursday.
Logicap and Hulic set up a joint venture comprising stabilised… Read More>>
Private equity major Warburg Pincus will acquire Dutch pension manager APG’s 41.09 percent stake in the ownership platform of India’s Lemon Tree Hotels, with the US firm also committing up to INR 9.6 billion ($106.4 million) to back future growth,… Read More>>
Blackstone is set to add two more India REITs to its growing portfolio of listed real estate trusts in the country after separate companies backed by the US fund management giant filed draft IPO prospectuses on Monday and Tuesday of… Read More>>
Tech giants Microsoft and Amazon this week revealed plans for a total of $52.5 million in fresh investments targeting artificial intelligence capabilities in India.
Microsoft on Tuesday announced that it would spend $17.5 billion over four years to advance cloud… Read More>>
IndoSpace Core, the joint venture of industrial platform IndoSpace and the Canada Pension Plan Investment Board, is buying six India logistics parks for a total of INR 30 billion ($336.1 million).
CPPIB will commit INR 14 billion to fund the… Read More>>
