Asia real estate and outbound investment news
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>>
Industrial specialist Logos and Chindata’s Bridge Data Centres have become the latest to launch Malaysia server-hosting projects, as Asia Pacific’s hottest digital infrastructure market continues to attract new development.
Sydney-based Logos has teamed with Malaysian developer UEM Sunrise to build… Read More>>
A joint venture of Logos and Sime Darby Property has reached a final closing of its fund targeting development of logistics assets in Malaysia, with the vehicle attracting MYR 1 billion ($213 million) in committed capital.
The fundraising haul will… Read More>>
Knight Frank and Savills have been appointed to jointly advise on the sale of their client’s interest in Menara Citibank, located in the heart of Kuala Lumpur’s business district and just a few hundred metres from the iconic Petronas Twin… Read More>>
