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KIC chief executive Seoungho Jin

Korea’s KIC Opens India Office in Mumbai to Kick Off Emerging Markets Push

2024/02/05 by Christopher Caillavet Leave a Comment

Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.

KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust Sets Up 21MW Solar Plant in Tamil Nadu

2024/01/26 by Christopher Caillavet Leave a Comment

CapitaLand India Trust has launched its first captive solar plant in the southern state of Tamil Nadu as part of efforts to step up sustainability at the Singapore-listed REIT.

The 21-megawatt solar plant will generate more than 30 million kilowatt-hours… Read More>>

Adani to Invest $6B in Mumbai Area Data Centres in Coming Decade

2024/01/22 by Beatrice Laforga Leave a Comment

Billionaire Gautam Adani’s flagship holding company has pledged to invest INR 500 billion ($6 billion) in developing and operating hyperscale data centres in India’s Maharashtra state over the next 10 years. 

Adani Enterprises, a member of the Adani Group, on… Read More>>

Trent Iliffe of Logos

Logos-Ivanhoe Cambridge India Industrial JV Buys Land to Expand $130M Pune Project

2024/01/22 by Christopher Caillavet Leave a Comment

APAC warehouse specialist Logos and Canadian investor Ivanhoe Cambridge have expanded their Chakan Industrial Estate in India’s Maharashtra state via a fresh land acquisition, with the longtime partners committing more than INR 11 billion ($130 million) to the development project.

… Read More>>

Serene Nah, head of Asia Pacific at Digital Realty

Digital Realty, Brookfield, Reliance Unveil Inaugural India Data Centre

2024/01/17 by Kevin He Leave a Comment

A joint venture of Digital Realty, Brookfield Asset Management and India’s Reliance Industries has unveiled its inaugural data centre project in India to tap growing demand for digital infrastructure in the world’s most populous nation.

Austin-based Digital Realty, which bills… Read More>>

Doug Adams NTT

NTT Opens 22MW Data Centre at Second Campus in India’s Noida

2024/01/15 by Christopher Caillavet Leave a Comment

NTT Ltd has launched its second data centre campus in India’s National Capital Region, with the company completing delivery of a 22.4-megawatt facility as the first stage of the complex in Noida.

Dubbed Noida 2, the 6 acre (2.4 hectare)… Read More>>

Matthew Bouw, Chief Executive Officer for Asia Pacific

Cushman & Wakefield Teams With Nuvama for $361M India Office Fund

2024/01/11 by Christopher Caillavet Leave a Comment

Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.

Dubbed NCW, the 50:50 JV of Cushman… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Singapore’s CapitaLand Unveils $540M Chennai Investment Plan

2024/01/10 by Beatrice Laforga Leave a Comment

Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils plans to invest INR 45 billion ($540 million) in business parks, logistics and data centre developments in Chennai over the next five years.

CLI… Read More>>

Embassy Office Parks REIT chief executive Aravind Maiya

Blackstone Sells Remaining Stake in India’s Embassy Office Parks REIT for $853.5M

2023/12/20 by Christopher Caillavet Leave a Comment

Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.

Affiliates of Blackstone exited the listed trust… Read More>>

Adar Poonawalla SII

Indian Vaccine Heir Said Buying London’s Priciest Home of 2023 in $173M Deal

2023/12/13 by Beatrice Laforga Leave a Comment

Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in London’s West End in what ranks as the UK capital’s most expensive home purchase this year.

Poonawalla, chief executive of Serum Institute… Read More>>

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