Korean investment giants Mirae and NPS are taking offers from four potential buyers for a hotel south of Seoul, with that story leading today’s headline roundup. Also making the list, Bain Capital leads the race to buy assets from Japan’s… Read More>>
Asia Real Estate People in the News 2025-02-24
A change of leadership at a Tokyo-listed real estate investment trust leads this week’s review of personnel moves from around Asia’s property investment world, with updates from Canada’s Oxford Properties and Microsoft also making the list.
Japan… Read More>>
Microsoft Buys Johor Data Centre Site as Hyperscalers Ramp Up in Malaysia
A data centre unit of Microsoft has agreed to buy its fourth land plot in Malaysia’s Johor state in less than a year under a MYR 119.8 million ($27.3 million) deal with local developer Crescendo Corporation.
Located in Johor Bahru’s… Read More>>
Microsoft to Invest $3B in India Digital Infrastructure in Biggest Asia Commitment Yet
Microsoft chairman and CEO Satya Nadella announced on Tuesday that his firm plans to invest $3 billion to develop data centres and other digital infrastructure in his home country, marking the tech giant’s biggest single market commitment in Asia to… Read More>>
Japan’s Sumitomo Buys Australia’s Biggest Builder and More Asia Real Estate Headlines
Japanese giant Sumitomo makes a big addition to its collection of Australian homebuilders, with that story leading today’s headline roundup. Also making the list, Singapore home prices fall for the first time in five quarters and a Korean retailer delists… Read More>>
BlackRock, GIP, Microsoft, MGX in $100B Deal to Invest in Data Centres, AI Infrastructure
BlackRock, Global Infrastructure Partners (GIP), Microsoft, and Abu Dhabi state-backed artificial intelligence investment firm MGX have formed a partnership that will invest in AI related infrastructure, with a total investment potential of up to $100 billion to deploy into data… Read More>>
Hong Kong Businessman Loses Aussie Resort Island and More Asia Real Estate Headlines
Australian authorities have stripped a Hong Kong businessman of a stalled Queensland resort project, with that story leading Mingtiandi’s headline roundup today. Also making the news is a bargain-hunting Australian pension fund and Shenzhen’s Kaisa Group wins a reprieve in… Read More>>
Microsoft Buying Malaysia Data Centre Site From EcoWorld for $85M
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>>
Blackstone in Talks to Buy Adani Tower for Up to $240M and More Asia Real Estate Headlines
Blackstone leads Mingtiandi’s headline roundup today with the private equity giant said to be in talks to acquire a Mumbai office tower from India’s Adani Realty. Also in the news, Microsoft buys land as it looks to expand its India… Read More>>
Microsoft to Spend $2.9B on Japan Data Centres and More Asia Real Estate Headlines
Microsoft leads Mingtiandi’s headline roundup today as the tech giant plans to spend an unprecedented sum on its cloud and AI infrastructure in Japan. Blackstone also makes the list as it looks to borrow more than $1 billion against its… Read More>>