A pair of India deals lead today’s roundup of regional news headlines, as Canadian pension fund manager CPPIB invests in a Mumbai mixed-use project and Singapore’s CapitaLand acquires a plot for a Navi Mumbai data centre. China’s GDS, meanwhile, picks… Read More>>
Keppel Boosts SPH Offer to $2.8B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Corp raises the stakes in its bidding war for SPH’s real estate business, Canadian giant Brookfield is reportedly seeking a buyer for its IFC Seoul complex, and Chinese developer Fantasia’s shares… Read More>>
Temasek-Led Group’s $2.5B Bid Tops Keppel Offer for SPH Real Estate Business
Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.
Cuscaden Peak, a company… Read More>>
Keppel DC REIT Invests in $430M JV to Operate M1 Network Infrastructure in Singapore
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>>
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