Asia real estate and outbound investment news
A CapitaLand-sponsored investment trust has acquired its second Mumbai area office building following completion of the 800,000 square foot (74,322 square metre) property, according to an announcement on Monday.
CapitaLand India Trust (CLINT) completed its purchase of building Q2 in… Read More>>
Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.
KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>
Colt Data Centre Services on Thursday announced the launch of a 120-megawatt facility in Navi Mumbai as the British company’s first project in India.
Occupying 15 acres (6.1 hectares) of land, the data centre will be built to Tier 3… Read More>>
Japan’s Sumitomo Realty & Development has agreed to buy a 22 acre (8.9 hectare) land parcel in central Mumbai from Bombay Dyeing and Manufacturing for INR 5,200 crore ($626.3 million).
Bombay Dyeing, a unit of India’s Wadia Group conglomerate, said… Read More>>
In today’s roundup of regional news headlines, a survey finds an increasing number of Chinese cities reporting a rise in new home prices amid a string of stimulus policies and the relaxation of COVID containment measures.
More… Read More>>
The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>
Two regional players in the red-hot data centre space announced milestones this week, with Flow Digital Infrastructure breaking ground on a Philippine campus and Princeton Digital Group launching its flagship Indian facility in Mumbai.
Singapore-based Flow, a unit of Hong… Read More>>
Hines is taking on its first project in India’s commercial capital with the US developer and fund manager this week announcing plans for a 30-storey office development in Mumbai.
The Houston-based firm said the project, which is part of a… Read More>>
The top stories of 2022 continue some top themes of the old year, with China Evergrande telling investors in its wealth management products that they will have to wait for repayment and mainland developers facing near $200 billion credit obligations… Read More>>
Equinix has added two Mumbai data centres to its flagship platform after completing the acquisition of GPX Global Systems’ India operations, thus officially planting a flag in one of the fastest-growing countries for server-hosting facilities.
Under the deal first announced… Read More>>
