Savills Investment Management is continuing to expand its footprint in Asia Pacific, with the UK fund manager leading this week’s collection of personnel moves by naming a new head of its debt division for the region. Also making leadership changes… Read More>>
Brookfield Buys More Space to Expand RedBox Self-Storage Portfolio in Hong Kong
Brookfield is beefing up its self-storage portfolio with an acquisition in eastern Hong Kong Island from local builder Hanison Construction which marks its third reported investment in the sector so far this year.
The Canadian investment giant this week took… Read More>>
Hong Kong Office Market Shrank Again in August as Leasing Stays Weak
Occupiers in Hong Kong’s Grade A office market gave up 29,200 square feet (2,713 square metres) more than they leased in August as the city’s overall vacancy rate remained flat at 9.6 percent, according to JLL.
The vacancy rate in… Read More>>
ESR, Nuveen, EdgeConneX, JLL See Room For Growth In Japan, Korea Data Centres: MTD TV
Despite challenges from inflation and power supply constraints, senior leaders from ESR, Nuveen, EdgeConnex and JLL said on Tuesday that strong demand from data centre users will continue to support digital infrastructure investments in Japan and Korea.
“There is much… Read More>>
Hong Kong Office Vacancy Climbed to 9.6% in July
Vacancy in Hong Kong’s Grade A office market rose in July, as low-season supply expanded and headwinds from rising coronavirus cases dragged on the market and thwarted any easing of tight border restrictions.
The overall vacancy rate rose to 9.6… Read More>>
Philippine Hyperscale JV Set to Break Ground Next Month: MTD TV
YCO Cloud Centers will break ground next month on the first phase of a 32 megawatt data centre campus south of Manila after working with JLL to plot a new facility tailored to the needs of the country’s emerging… Read More>>
Singapore’s Stamford Land Sells Sydney Hotel to Vietnam-Linked Group for $146M
Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.
Noting that… Read More>>
APAC Cold Storage Investment Headed for $5B a Year Within a Decade: JLL
The wide adoption of online grocery shopping and food delivery could see investment in Asia Pacific’s cold storage market quintuple to between $4 billion and $5 billion a year by 2032, according to JLL.
Meanwhile, demand for cold storage in… Read More>>
Spotlight Interview with Chris Street of JLL MTD TV APAC Data Centre Forum 2022
Mingtiandi’s third annual APAC Data Centre Forum will kick off on Tuesday 6 September 2022 with an exclusive interview with data centre expert Chris Street in his new role at JLL as managing director for the global property consultancy’s data… Read More>>
Panel: Opportunities for Data Centres in Japan and Korea MTD TV APAC Data Centre Forum 2022
Japan’s data centre market, valued at $7 billion in 2021 is expected to reach $10 billion by 2026 given the world’s third largest economy’s urbanised society and burgeoning IT industry sector. Leading digital player and cultural superpower, South Korea, also… Read More>>
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