The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>
Keppel Investing RMB 1.5B to Build First Mainland China Data Centre
Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.
Oyo Said Cutting 60% of China Workforce and More Asia Real Estate Headlines
A Softbank-backed hotel platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with a report that the Indian firm plans to cut 60 percent of its workforce in China.
In other news around the region, a… Read More>>
Keppel DC REIT Adds Data Centre in Frankfurt, Germany for €82M
Keppel DC REIT has agreed to buy a data centre in the digital capital of Europe for €81.8 million ($91 million), according to a stock exchange filing.
The Singapore-listed REIT said that it had entered an agreement to acquire a… Read More>>
Temasek Bids for Controlling Stake in Keppel Group in S$4.1B Deal
Singapore’s Temasek Holdings has made a bid to take a controlling stake in Keppel Corp through an offer that values the engineering, infrastructure and real estate group at S$4.1 billion ($3 billion).
If successful, the offer will give the state… Read More>>
Keppel Buys Office Building in Shanghai’s Zhangjiang High Tech Park for RMB 493M
Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.
Korea Post Earmarks €200M for Global Housing Spend and More Asia Real Estate Headlines
South Korea leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the savings arm of the East Asian nation’s national postal service plans to spend up to €200 million in the US and… Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.
The Singapore-listed data… Read More>>
Keppel Buying Office Building in Beijing’s Zhongguancun for RMB 197M
Keppel Land China, the mainland property arm of Keppel Corporation, has announced that it is acquiring an office building in Beijing for RMB 178.6 million ($25 million), as the company pushes forward with plans to grow its commercial real estate… Read More>>
Keppel Capital Buys Trio of Seoul Office Buildings From Samsung SRA for KRW 430B
Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.
Keppel Capital is buying the asset… Read More>>
