Asia Pacific real estate investment news and information
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>>
Singapore-based logistics builder Equalbase and Malaysian conglomerate Sunway Group broke ground on a 55 hectare (136 acre) logistics project in the southern Malaysian state of Johor on Tuesday, with the joint venture partners saying they have committed MYR 8 billion… Read More>>
Singapore’s ST Telemedia Global Data Centres (STT GDC) on Thursday revealed plans to develop a data centre campus in Malaysia’s Johor state that will support up to 120MW in capacity, marking the operator’s second facility in the country.
The STT… Read More>>
Southeast Asia continues to be a top target for data centre developers and investors with Hong Kong’s Gaw Capital Partners announcing a new project in Indonesia on the same day last week that Singapore’s ST Telemedia Global Data Centres (STT… Read More>>
