PAG has become the latest international fund manager to set up a new data centre in the Philippines, with the Hong Kong-based investment group on Tuesday announcing a joint venture with the Southeast Asian country’s largest property developer, Ayala Land.
Data centre provider SpaceDC is developing a 72 megawatt hyperscale campus in the eastern Greater Manila area as its first Philippine project, as the Singapore firm aims to build the country’s first green server hosting facility.
The data centre developer… Read More>>
Singapore-based Digital Edge has formed a $100 million joint venture with a Philippine real estate firm to build a 10 megawatt data centre in the Greater Manila area to supply the growing server hosting needs of a burgeoning tech sector.
Singapore’s $100 billion sovereign wealth fund leads today’s real estate headlines from around Asia as GIC picks up an unspecified stake in a $1.3 billion Angelo Gordon project in Brooklyn.
Empty shopping malls also make the news with some of… Read More>>
European real estate assets lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Blackstone has purchased a portfolio of light industrial and logistics properties on the continent from a Singapore-listed REIT.
In other… Read More>>
Australia leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-listed REIT has launched a preferential offering to raise funds to acquire a grade A office in Adelaide.
In other news around the… Read More>>
Filipino co-working operator KMC has won fresh financial backing from a Malaysian-Japanese investment fund, according to an announcement today by the Manila-based firm.
KMC, a unit of the company which operates property agency KMC Savills, said that it will use… Read More>>
Landing International Development, a Hong Kong-listed casino builder, reported to the Hong Kong Stock Exchange on Thursday that the company is unable to contact its 47-year-old chairman Yang Zhihui, who controls 50.48 percent of the company.
According to a report… Read More>>
India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>
A cross-border hospitality deal leads today’s news roundup, with Minor International, operator of 22 hotels in Thailand, buying a major stake in a 382-property European hotel chain. Also in the headlines, a pair of Chinese construction firms once blacklisted by… Read More>>