Asia real estate and outbound investment news
Nuveen has secured a $100 million commitment from South Korea’s Government Employees Pension Service for a US-focused private capital mandate.
GEPS selected Churchill Asset Management, a private equity arm of Chicago-based Nuveen, to oversee the investment, which aims to enhance… Read More>>
Nuveen has reached a first closing of its maiden Australia real estate debt strategy, with the US fund manager scoring A$400 million ($257.2 million) in anchor investments from parent company TIAA and Singapore state holding firm Temasek.
The new vehicle… Read More>>
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is bidding to buy a London office block controlled by US investment manager Nuveen Real Estate, as investors from Asia’s second largest economy grow their appetites for UK commercial properties.
Tokyo-based SMBC… Read More>>
Nuveen Real Estate has made its first splash in Asia’s hottest office market with the purchase of a central Seoul building for a reported KRW 350 billion ($250 million).
The Chicago-based fund manager acquired the Jeongdong Building in the South… Read More>>
With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan Investment Board ranking as the biggest data centre transaction to date, the world’s largest investors are jockeying to get on top of… Read More>>
Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of Asia’s hyperscale market as Mingtiandi’s fifth annual data centre forum begins on Tuesday.
With data centre operators having brought on line… Read More>>
With the rise of ChatGPT and other generative artificial intelligence (AI) tools, global demand for large-scale data centres continues to soar. According to Synergy Research, the number of hyperscale facilities worldwide surpassed 1,000 in early 2024, with that capacity predicted… Read More>>
US investment manager Nuveen on Thursday announced William Huffman as its new chief executive officer, replacing Jose Minaya.
A 16-year Nuveen veteran, Huffman has served most recently as president of Nuveen Asset Management as well as head of equities and… Read More>>
Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>
As growing requirements for information processing drive long-term demand for data centre space, Asia Pacific’s diverse political geography will present challenges for investors seeking to reach sustainability targets, according to a report from Nuveen.
APAC’s co-location data centre market is… Read More>>
