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Amit-Diwan HINES

Hines Set to Enter Mumbai Market with 30-Storey Office Project

2022/08/16 by Michael Cole Leave a Comment

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>>

evergrande

Evergrande Tells Wealth Management Clients to Wait and More Asia Real Estate Headlines

2022/01/02 by Michael Cole Leave a Comment

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>>

Manoj Paul - equinix

Equinix Enters India with Completion of $161M Mumbai Data Centre Deal

2021/09/03 by Christopher Caillavet Leave a Comment

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>>

Navi Mumbai

Brookfield Buys Mumbai-Area Data Centre Site for $81M and More Asia Real Estate Headlines

2021/08/18 by Pimfha Chandhapradit Leave a Comment

India leads today’s roundup of regional news headlines, with Canada’s Brookfield securing land near Mumbai for a data centre site, Singapore’s Xander upping its Chennai warehouse space, and Google Cloud announcing a new cloud region in Delhi NCR. China Evergrande… Read More>>

Colliers Hires Former JLL Country Head Ramesh Nair as India CEO

2021/07/22 by Christopher Caillavet Leave a Comment

Colliers International has appointed Ramesh Nair as chief executive for India and managing director of market development for Asia, the latest personnel move in what’s shaping up to be a busy hiring season at the agency.

Nair joins Colliers after… Read More>>

GIC to Acquire Minority Stake in $733M Phoenix Mills India Portfolio

2021/06/05 by Christopher Caillavet Leave a Comment

Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, this time entering into a strategic partnership with Singapore’s GIC.

The sovereign wealth fund will acquire “a significant minority stake”… Read More>>

Graeme Torre APG

APG Boosts Godrej Indian Office Platform to $250M First Closing

2021/01/20 by Christopher Caillavet Leave a Comment

Godrej Fund Management (GFM), the real estate private equity arm of Mumbai-based Godrej Group, on Monday announced the $250 million first closing of its $500 million office development platform, GBTC II, with cornerstone investor APG Asset Management kicking in $200… Read More>>

Xu Jiayin Evergrande

China Caps Bank Lending to Developers and More Asia Real Estate Headlines

2020/12/31 by Michael Cole Leave a Comment

Mainland China took another step today to clamp down on credit to real estate developers as the central government rolled out set limits on bank lending to the industry.

Also in the news, unitholders in Singapore’s troubled… Read More>>

Hong Kong Site Sale Cancelled After Lowball Bids and More Asia Real Estate Headlines

2020/10/22 by Shiunne Bulsombut Leave a Comment

The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>

cartier tst

Cartier Closes Hong Kong Boutique Amid Luxury Slump and More Asia Real Estate Headlines

2020/10/05 by Shiunne Bulsombut Leave a Comment

Hong Kong is back to work after last week’s holiday, but the city’s real estate market doesn’t seem to be able to catch a break with Tsim Sha Tsui losing  its Cartier shop as retail woes continue.

In a crisis… Read More>>

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