A joint venture led by Keppel Ltd has agreed to sell two Singapore data centres to SGX-listed Keppel DC REIT for S$1.38 billion ($1 billion) in one of Southeast Asia’s biggest transactions in the asset class.
The deal includes two… Read More>>
Asia Pacific real estate investment news and information
A joint venture led by Keppel Ltd has agreed to sell two Singapore data centres to SGX-listed Keppel DC REIT for S$1.38 billion ($1 billion) in one of Southeast Asia’s biggest transactions in the asset class.
The deal includes two… Read More>>
A Singapore mansion tied to a local retail dynasty has slashed its asking price further, with that report leading today’s headline roundup. Also making the list, China cuts a key reference rate for mortgage loans and a data centre buy… Read More>>
The seemingly unlimited power and water resources of Malaysia’s Johor state are on display again today as a Singtel joint venture announces a 64MW data centre project near the Singaporean border. Also in the news, Keppel DC REIT lowers its… Read More>>
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>>