Just over a year after entering India with the launch of the first phase of a 134-megawatt Mumbai project, Colt Data Centre Services has inked a $1.7 billion joint venture with Bengaluru-based real estate and infrastructure investment manager RMZ to… Read More>>
Banks Seen Intensifying Hong Kong Property Seizures and More Asia Real Estate Headlines
PwC says banks are likely to take more action on Hong Kong’s distressed buildings, with that story leading Mingtiandi’s headline roundup today. Also making the list, India’s RMZ and the Canada Pension Plan Investment Board complete a $264 million Chennai… Read More>>
Keppel Buys Chennai Business Park From CPPIB-RMZ JV for $263M
Singapore’s Keppel Ltd has agreed to buy an office complex in Chennai from a joint venture of Canadian pension giant CPPIB and Indian developer RMZ Corp for INR 22 billion ($263 million), as the Temasek Holdings-backed infrastructure and real estate… Read More>>
Asia Real Estate People in the News 2023-11-04
One of Korea’s largest pension funds leads off this week’s review of personnel moves from around the region as the Seoul-based organisation chooses a new chief investment officer. Also making the list is a new finance chief for the owner… Read More>>
CPPIB Invests $350M In Second India Office JV With Bangalore’s RMZ
The Canada Pension Plan Investment Board (CPPIB) is ready to take a bigger slice of India’s commercial real estate market as it teams up for a second office joint venture with RMZ Corp with an INR 26.5 billion ($350 million)… Read More>>