Asia real estate and outbound investment news
US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North Delhi warehouse asset for INR 295 crore ($40.1 million).
Already the country’s biggest warehouse owner, the private equity giant purchased its… Read More>>
Equinix has added two Mumbai data centres to its flagship platform after completing the acquisition of GPX Global Systems’ India operations, thus officially planting a flag in one of the fastest-growing countries for server-hosting facilities.
Under the deal first announced… Read More>>
NTT Ltd plans to grow its global data centre footprint by 20 percent over the next 18 months, with projects in India and Indonesia contributing to the rapid expansion of one of the world’s biggest server-hosting platforms.
London-based NTT Ltd… Read More>>
US developer Hines has begun the second phase of its first residential project in India, bringing total investment in the Elevate luxury apartments in Gurugram to INR 1,500 crore ($202 million).
Hines and local partner Conscient Infrastructure spent INR 800… Read More>>
Colliers International has appointed Ramesh Nair as chief executive for India and managing director of market development for Asia, the latest personnel move in what’s shaping up to be a busy hiring season at the agency.
Nair joins Colliers after… Read More>>
Asset management giant Brookfield and data centre REIT Digital Realty have agreed to set up a joint venture to develop, own and operate data centres in India, gaining a foothold in one of the world’s largest and fastest-growing markets for… Read More>>
Hines will make its first foray into one of India’s fastest-growing office markets with the construction of a 43 acre (17 hectare) IT park in the city of Pune, east of Mumbai.
The US developer is establishing its foothold in… Read More>>
Fund managers from Canada’s biggest pension plan are teaming up with Indian mall developer Phoenix Mills on a retail joint venture in Alipore, Kolkata.
The Canada Pension Plan Investment Board and its longtime Indian partner will develop a retail centre… Read More>>
Blackstone has completed its long-anticipated acquisition of Embassy Industrial Parks, gaining a portfolio with 10.6 million square feet (984,772 square metres) of Grade A logistics and warehouse assets near major cities in India.
Funds managed by the US… Read More>>
The real estate investment arm of Morgan Stanley has agreed to sell two Indian warehouse properties to Mapletree Logistics Trust, as the Singapore-listed REIT makes its first foray into the fast-growing market.
The two Pune-area facilities in western Maharashtra state… Read More>>
