Jardine Matheson’s ongoing reshaping of its investment portfolio leads today’s look at real estate news from around Asia Pacific, with the Hong Kong conglomerate delisting shares in Mandarin Oriental Hotel Group in London and Singapore. Also making the news are… Read More>>
Iron Mountain Takes Over Indian Data Centre Group Web Werks
Iron Mountain has acquired 100 percent ownership of joint venture partner Web Werks, giving the US records storage giant complete control over the Mumbai-based company’s 14-megawatt portfolio of six data centres in India.
Web Werks Data Centers India was rebranded… Read More>>
Creditors of China’s Kaisa Could Face 95% Loss and More Asia Real Estate Headlines
A pioneer of Chinese developer defaults is said to be warning that creditors would lose 95 percent of their money if the company is liquidated, with that story leading today’s collection of real estate headlines from around the region. Also… Read More>>
Twelve Chinese Cities See New Home Prices Rise and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a survey finds an increasing number of Chinese cities reporting a rise in new home prices amid a string of stimulus policies and the relaxation of COVID containment measures.
More… Read More>>
Korea’s Mirae Buys 8 Amazon Warehouses for $520M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>
Luckin Coffee Set to Delist From NASDAQ and More Asia Real Estate Headlines
Yet another too good to be true online-to-offline venture took its latest step into oblivion this past week as Luckin Coffee decided not to resist its delisting from the NASDAQ exchange with the latest instalment in that tale leading Mingtiandi’s… Read More>>