Asia Pacific real estate investment news and information
Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh build-and-lease agreement that will see the development of additional facilities for the US tech giant.
The deal builds on the collaboration… Read More>>
Southeast Asia is emerging as a primary market for data centre investment as the region benefits from a confluence of favourable demographics, abundant resources, lower costs, and supportive government policies, according to senior executives from Equinix, law firm Wong… Read More>>
Princeton Digital Group has acquired land for a 500-megawatt capacity expansion in key markets of India, Malaysia and Indonesia, as the Warburg Pincus-backed data centre platform seeks to meet rising demand for AI-ready infrastructure among hyperscale users.
The buy includes… Read More>>
Mapletree Logistics Trust has agreed to sell three warehouse properties in Malaysia for a total of MYR 157.5 million ($36.4 million), as the Singapore-listed REIT continues to overhaul its portfolio through what it terms selective divestments.
The trio’s highest-value asset… Read More>>
The IT services arm of Japanese telecom giant NTT has acquired an expanse of land in Malaysia’s southern Johor state for MYR 383 million ($88 million).
Malaysian developer Tropicana Corp on Monday signed a sale and purchase agreement with NTT… Read More>>
Princeton Digital Group has delivered the 52-megawatt initial phase of its 150MW JH1 data centre campus, coming less than 14 months after it acquired the development site in Malaysia’s southern Johor state.
The AI-ready project will generate renewable energy through… Read More>>
State-backed telcos Singtel and Telekom Malaysia have formed a joint venture to develop Malaysian data centres, starting with a hyperscale campus in the digital infrastructure hotbed of Johor with a potential capacity of 200 megawatts.
The partnership of TM and… Read More>>
A data centre unit of tech giant Microsoft has agreed to acquire a development site in Malaysia for MYR 402.3 million ($85.5 million).
The land’s seller, Kuala Lumpur-based developer EcoWorld, announced the all-cash deal this week in a stock filing…. Read More>>
UEM Sunrise has agreed to sell two parcels of land in Johor state to a “global data centre player” for MYR 144.9 million ($30.7 million), the Malaysian developer said Tuesday.
Located in Iskandar Puteri’s East Ledang township west of Johor… Read More>>
TikTok developer ByteDance plans to expand its data centre facilities in Malaysia with an additional investment of MYR 1.5 billion ($320 million), according to the country’s minister of investment, trade and industry.
The Chinese tech firm also hopes to make… Read More>>
