Asia Pacific real estate investment news and information
Singapore-based Princeton Digital Group continues to draw on Indonesia’s fast-growing internet economy as it launches development of its third data centre project in the Jakarta area and sixth overall in Southeast Asia’s most populous nation.
The new 22-megawatt data centre,… Read More>>
After riding Asia Pacific’s e-commerce wave in establishing a portfolio of 6 million square metres (64.6 million square feet) of warehouse projects, Australia’s Logos Property is adding data centres to its arsenal of projects through an Indonesian joint venture unveiled… Read More>>
Singapore-based Digital Edge has paid $165 million to acquire a controlling interest and become the largest shareholder in data centre operator PT Indointernet Tbk.
The investment in the Indonesian firm, known as Indonet for short, brings Digital Edge’s regional portfolio… Read More>>
A unit of Singaporean tech firm ST Telemedia is joining forces with its owner, state holding company Temasek, and Indonesian conglomerate Triputra Group to develop a data centre operating platform in Jakarta.
The joint venture plans to build its first… Read More>>
Logos Property has raised some fresh cash to expand its Southeast Asia footprint, as the Sydney-based logistics developer and fund manager today announced a new joint venture with the Canada Pension Plan Investment Board (CPPIB).
The board, which managed nearly… Read More>>
A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).
Nirvana Wastu Pratama, better… Read More>>
A disgraced Chinese insurer leads the way in our roundup of Asia real estate news today as the company’s administrators field offers of up to $5.8 billion for its set of US luxury hotels.
While that mainland investor winds up… Read More>>
Less than two months after buying a $771 million site in central Singapore, SGX-listed UOL Group has taken its 2018 expansion program to Jakarta by purchasing 180 apartments at the city’s Thamrin Nine development and inking a deal to manage a… Read More>>
Leading today’s roundup, a Chinese state-owned behemoth is investing in a billion-dollar theme park development outside Jakarta — raising questions about the project’s Trump-branded properties in the midst of a Sino-American trade clash. Also in the headlines, Singapore has launched… Read More>>
Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.
The $20 billion New York-based startup will open… Read More>>
