Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week between its sponsor, Keppel Corporation, and Singapore Press Holdings which creates a new jointly held firm to hold telecom operator… Read More>>
Keppel REIT Chooses AA REIT’s Wee Lih Koh as CEO
The manager of Singapore-listed Keppel REIT on Tuesday announced the appointment of Wee Lih Koh as chief executive, following current CEO Paul Tham’s abrupt resignation last month.
Koh is himself in the process of exiting the CEO post at AIMS… Read More>>
Keppel DC REIT Adds to European Portfolio With $44M Dutch Data Centre Buy
Singapore-listed Keppel DC REIT has acquired a third data centre in the Netherlands, strengthening the trust’s foothold in a key server-hosting market and reinforcing the portfolio’s emphasis on European assets.
The REIT paid €37.2 million ($44.1 million) for the property… Read More>>
Keppel REIT Searches for New Leader as CEO Paul Tham Heads for the Exit
Singapore-listed Keppel REIT said late Friday that Paul Tham will step down as chief executive of the trust’s manager on 20 October to pursue other opportunities.
The board is evaluating potential candidates to succeed Tham, a one-time management consultant who… Read More>>
Keppel Buying Singapore Press Holdings’ Real Estate Business in $2.5B Deal
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
GIC JV With CPPIB, Boston Properties Buys Seattle Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a GIC-backed joint venture buys a Seattle skyscraper, ESR Australia boosts its logistics investments with new capital commitments, and two more companies accuse indebted developer China Evergrande of failing to pay bills… Read More>>
BDx Opens First Phase of Nanjing Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, data centre operator BDx launches its campus in Nanjing, Singapore’s Keppel floats a novel concept for urban development, and Hong Kong retail landlords contemplate rent hikes as the economy recovers.
Read More>>
Asia Real Estate People in the News 2021-03-29
Top level moves in Singapore lead our list of human resources updates from around the region this week, as the main regulator of land use in Singapore plucks a new leader from Frasers Hospitality Trust. Also checking in from the… Read More>>
Site on Hong Kong’s Peak Draws 5 Bids and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a pricey piece of Hong Kong land picks up five bids at a government tender, luxury brand Prada plans to exit one of its largest Shanghai storefronts, and Singapore’s Keppel Corp assumes full… Read More>>
Keppel Debuts 2nd Data Centre Fund With $500M+ First Closing
After finding fertile ground with its first data centre fund targeting investments in Asia Pacific and Europe, Singaporean conglomerate Keppel Corp has launched a second effort which has just achieved a first closing in excess of $500 million.
Following up… Read More>>
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