Asia real estate and outbound investment news
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>>
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 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>>
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>>
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.
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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>>
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>>
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 that just achieved a first closing in excess of $500 million.
Following up on… Read More>>
In line with a management plan announced earlier this year, Singapore’s Keppel Group on Monday announced five C-suite level changes to its corporate leadership, as it seeks to unify operations that span real estate, infrastructure, offshore marine and fund management.
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>>
