In today’s roundup of regional news headlines, Hong Kong home prices hit a fresh multi-year low, a Canadian pension fund manager opens an office in Mumbai, and China-based Dajia Insurance looks to sell a trio of US hotels.
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Princeton Digital Raises $505M in Mubadala-Led Equity Round for Asia Data Centre Platform
Asian hyperscale specialist Princeton Digital Group has landed $505 million in fresh cash to expand its regional data centre platform, with the Warburg Pincus-backed firm announcing today that it has closed on a new financing round led by Abu Dhabi’s… Read More>>
Hines Launches Asia Core-Plus Fund With $400M Pledge From Cadillac Fairview
US developer Hines has created a flagship fund for the Asia Pacific region, boosted by a $400 million capital commitment from Canadian pension manager Cadillac Fairview.
The fund, called Hines Asia Property Partners, will be a multi-sector, open-ended, diversified vehicle… Read More>>