In today’s roundup of regional news headlines, Shimao’s stock and bonds jump on reports that the embattled mainland developer is selling dozens of projects across China, while compatriot Evergrande urges holders of its offshore debt to avoid aggressive legal action… Read More>>
In today’s roundup of regional news headlines, cash-strapped Shimao Group seeks an extension for repayments on asset-backed securities, private equity bigfoot Blackstone raises its offer for Australia’s Crown Resorts a third time, and Singapore’s Metro Group forms an investment alliance… Read More>>
Keppel DC REIT has added a third UK property to its portfolio through a £57 million ($76.45 million) acquisition announced this week, as it faces new competition on the Singapore Exchange.
The Singaporean trust has agreed to buy a freehold… Read More>>
In today’s roundup of regional news headlines, a joint venture featuring Singapore’s Metro Holdings buys an Australian shopping centre, shares of Evergrande’s EV unit jump after chairman Xu Jiayin touts a long-term plan to make electric cars the group’s main… Read More>>
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>>
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>>
In today’s roundup of regional news headlines, South Korea pauses warehouse development as lawmakers work on upgrading safety standards after a June fire, Singapore-listed Keppel DC REIT announces plans to sell an Australian data centre, and developer Sino Land’s profit… Read More>>
Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.
Also in the… Read More>>
Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully-fitted facility in Guangdong province, for RMB 635.9 million ($98 million), as mainland assets continue to attract investors assembling regionwide server-hosting portfolios.
Situated within the… Read More>>
In Mingtiandi’s latest roundup of regional news headlines, mainland conglomerate Dalian Wanda seeks to raise $3 billion for the IPO of its commercial property management business, a Hong Kong billionaire puts a historic California home on the block, and Singapore-listed… Read More>>