The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>
NTT to Develop $90M Data Centre in Thailand’s Eastern Economic Corridor
The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a 12-megawatt data centre as the company’s largest facility in Thailand.
Located 57 kilometres (35.4 miles) from central Bangkok at Amata City… Read More>>
Evergrande Winding-Up Case Kicked to November and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>
Korea’s Mirae Buys 8 Amazon Warehouses for $520M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>
NTT Opens 45MW Data Centre East of Jakarta as Largest Project in Indonesia
Japanese telecom group NTT announced late last week that it had opened its newest and largest data centre in Indonesia, aiming to meet the requirements of hyperscalers and high-end enterprises in Southeast Asia’s biggest economy.
Located in Bekasi, about 30… Read More>>
NTT Data Centre Division Charts 20% Global Expansion Through 2022
NTT Ltd plans to grow its global data centre footprint by 20 percent over the next 18 months, with projects in India and Indonesia contributing to the rapid expansion of one of the world’s biggest server-hosting platforms.
London-based NTT Ltd… Read More>>