Asia real estate and outbound investment news
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>>
Mapletree Logistics Trust (MLT) is adding a warehouse in Malaysia and a pair of logistics assets in Vietnam for a total of S$234 million ($174 million), as it continues to expand its Southeast Asia portfolio.
The manager of Singapore-listed MLT… Read More>>
IOI Properties Group continues to boost its hospitality holdings with the Malaysia developer agreeing to purchase a 199-key hotel in Penang from local developer Tropicana Corp for RM 165 million ($35 million).
IOI on Friday signed a sale and purchase… Read More>>
Equalbase has begun construction of a MYR 300 million ($63.6 million) warehouse as the Singapore-based developer’s first carbon-neutral logistics facility in Malaysia’s Penang.
Located in Val d’Or in the mainland section of the state, the new shed will span more… Read More>>
Kuala Lumpur-based YTL Power International announced on Friday that it has struck a deal with US tech firm NVIDIA to build AI capabilities into a data centre in Malaysia’s Johor state from the middle of next year.
The agreement… Read More>>
Singapore rental housing specialist Centurion Corp is selling two worker dormitories in Malaysia to the country’s largest public sector pension fund, Kumpulan Wang Persaraan (KWAP), for MYR 227 million ($47 million).
Centurion entered into a sale-and-leaseback deal with KWAP on… Read More>>
