Asia Pacific real estate investment news and information
Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt first phase of the data centre platform’s first project in Japan.
The six-storey facility in Saitama City, 30 kilometres (18.6 miles) north of central Tokyo, is… Read More>>
Chinese consumers are defying government attempts to revive the housing market, with reports showing that home prices fell at their fastest pace this year leading today’s collection of real estate headlines. Also in the news, UK asset manager M&G plans… Read More>>
A surge in adoption of artificial intelligence tools is driving demand for computing capacity… Read More>>
It has been just over eight months since ChatGPT was released to the public and the generative AI tool has already set records for adoption while the resource requirements that it creates have been accelerating demand for data centre capacity… Read More>>
While trades of income-earning real estate assets in Asia Pacific fell 24 percent in 2022 compared to a year earlier, investment in new data centre projects in the region climbed by more than 11 percent, according to MSCI – underscoring… Read More>>
Having recently announced a $1 billion investment strategy for developing data centres in Singapore, Indonesia and Malaysia, leading pan-Asia hyperscale specialist Princeton Digital Group returns to the Mingtiandi APAC Data Centre Forum in a spotlight interview session with one of… Read More>>
Rangu Salgame is the Chairman, CEO and Co-Founder of Princeton Digital Group (PDG).
Rangu has been a transformative growth leader throughout his career, who has made market changing impact at Tata Communications, Cisco Systems and Verizon Communications. He has been… Read More>>
Princeton Digital Group has struck a deal to acquire 31 acres (12.5 hectares) of land in Malaysia’s southern Johor state, across the border from Singapore, to develop a 150-megawatt data centre campus.
Warburg Pincus-backed PDG on Monday entered a definitive… Read More>>
Princeton Digital Group has hired Matthias Vukovich as chief investment officer, with the former Morgan Stanley banker to be based at the data centre provider’s Singapore headquarters.
Vukovich will lead investment and M&A activities at PDG, the company said in… Read More>>
Princeton Digital Group on Monday announced a $1 billion investment plan in which the company will develop data centres in its home city of Singapore and in the nearby markets of Batam and Johor as an extension of its Lion… Read More>>
