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>>
Singapore Picks MS, Equinix, GDS and Airtrunk-Bytedance JV for Data Centre Permits
Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up between AirTrunk and ByteDance have won rights to develop new data centre projects as the city-state ends a four… Read More>>
ESR Said in Talks to Acquire 8 India Projects and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, logistics giant ESR is said to be in talks to acquire eight projects in India, two South Korean firms are close to a deal to buy a French warehouse portfolio, and Microsoft announces… Read More>>
China’s Gree Acquires Zhuhai Duty Free for $1.8B and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, China’s Gree Real Estate has put the finishing touches on its entry into the duty-free retail sector, and Singapore-listed ARA Logos Logistics Trust has raised some fresh cash to finance the purchase… Read More>>