The drama around Australia’s Star Entertainment Group continues to build with local news accounts citing a government report that Hong Kong’s Chow Tai Fook hid its links to an illegal junket operator, with that story leading today’s roundup. Also in… Read More>>
Mitsubishi-Digital Realty JV Adds 34MW Data Centre to Greater Tokyo Campus
A joint venture of Mitsubishi Corporation and Digital Realty has opened a second data centre at the NRT campus in Chiba prefecture, growing the partnership’s portfolio to three facilities in Greater Tokyo and seven overall in Japan.
The new 34-megawatt… Read More>>
Mitsubishi-Digital Realty JV Investing Up to $800M in Pair of Dallas Data Centres
Mitsubishi Corporation will take its partnership with Digital Realty beyond Japanese shores, with the companies announcing a fresh joint venture to support development of two data centres in northern Texas at an investment cost that could reach $800 million.
The… Read More>>
ESR Partners With Mitsubishi, INA to Invest in Trio of Indonesia Logistics Parks
Hong Kong-listed ESR has joined forces with Mitsubishi Corporation and the sovereign wealth fund of Indonesia to invest in three logistics parks in that country, marking the industrial specialist’s first strategic venture in Southeast Asia’s biggest economy.
The three ESR-developed… Read More>>
Mitsubishi-Digital Realty JV Opens 21MW Data Centre in Osaka
A data centre joint venture between Mitsubishi Corporation and Digital Realty has opened a fourth building at its Osaka campus, with the latest phase offering up to 21 megawatts of IT capacity.
The addition of the new facility, dubbed KIX13,… Read More>>
Hong Kong Faces 25% Slump From Home Price Peak and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, analysts offer a sobering take on Hong Kong’s deepening housing slump, and the billionaire power couple behind Soho China put on a masterclass in wealth preservation.
Hong Kong Home Prices… Read More>>
Waldorf Astoria Condo Conversion Stalls in NYC and More Asia Real Estate Headlines
Anbang Insurance’s $1.95 billion purchase of New York’s Waldorf Astoria was one of the biggest real estate stories of 2014 and today the struggles of the mainland firm’s successor to complete the project lead Mingtiandi’s headline roundup.
KKR to Buy Japanese Fund Manager From Mitsubishi-UBS JV for $2B
Private equity giant KKR has become the latest global investor to upscale in Asia after agreeing to buy a Japanese REIT manager held jointly by Mitsubishi Corporation and UBS Asset Management for $2 billion.
KKR will acquire the outstanding shares… Read More>>
Mitsubishi-UBS Japan JV Said Valued at $1.7B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, real estate manager Mitsubishi Corp-UBS Realty reportedly contemplates putting itself up for sale, South Korea’s POBA invests in US multi-family assets alongside a California pension fund, and Hong Kong developer Swire Properties reaps… Read More>>
Mitsubishi, Nomura to Invest in Taronga Property Technology Fund
Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of the best-known names in Japan’s business world.
Taronga announced last week that Mitsubishi Corporation and Nomura Real Estate Development had agreed to… Read More>>