Keppel DC REIT has agreed to buy a western Tokyo data centre at a deal value of JPY 23.4 billion ($140 million), taking advantage of low borrowing costs to secure the trust’s first asset in Japan.
The Singapore-listed REIT will… Read More>>
Asia real estate and outbound investment news
Keppel DC REIT has agreed to buy a western Tokyo data centre at a deal value of JPY 23.4 billion ($140 million), taking advantage of low borrowing costs to secure the trust’s first asset in Japan.
The Singapore-listed REIT will… Read More>>
The challenges of what was once Asia’s hottest listed trust lead today’s roundup of real estate headlines, with Keppel DC REIT announcing a dip in distributions. Also in the news, CapitaLand’s largest commercial REIT reports higher distributions, and the holding… Read More>>
Data centres can be seen as the most complex asset class in the real estate market, with an announcement on Tuesday by the manager of Keppel DC REIT that it is selling a pair of Sydney data centre buildings and… Read More>>
Goldman Sachs expects Hong Kong’s residential property prices to recover in 2025 after hitting bottom this year, with that story leading today’s headline roundup. Also in the news, the UK’s Coller Capital leases a partial floor in The Henderson in… Read More>>
Singapore-listed Keppel DC REIT’s distributions per unit sank 16.1 percent year-on-year in the second half of 2023, dragging full-year DPU to a decline of 8.1 percent, as the data centre trust wrestled with higher finance costs and a difficult tenant… Read More>>
China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling off its stake in a Shanghai project at a loss. Also in the news, Chinese authorities are rolling back restrictions on home… Read More>>
Wing Tai Holdings leads our roundup of real estate headlines today as the Singaporean developer announces the acquisition of a Melbourne site. Making the list from farther north is Queensland’s QIC, which is expanding its Asia presence with a Singapore… Read More>>
A board change at Singapore’s ESR-Logos REIT leads this week’s set of personnel moves from Asia’s property industry, with a major Indian commercial developer also naming new leadership. Other additions to the list come from defaulting developer Ronshine China and… Read More>>
Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the Singapore-listed data centre trust reported higher income but steeper finance and electricity costs.
DPU stood at S$0.05051 for the first six months of the… Read More>>
The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.
Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>