In today’s roundup of real estate news from Asia Pacific, Princeton Digital Group closes an $856 million green financing package for its Indonesia hyperscale campus, Blue Owl’s Stack Infrastructure weighs a $30 billion-plus sale of its Asia data centre operations,… Read More>>
Hong Kong Jockey Club Sells $1B Fund Portfolio and More Asia Real Estate Headlines
The challenges facing fund managers lead today’s look at real estate headlines from around Asia, with Hong Kong’s Jockey Club selling off stakes in major private equity vehicles at a discount as asset trades continue to elude investors. Also making… Read More>>
Top Floor of Singapore Stock Exchange Building Sold and More Asia Real Estate Headlines
The heirs of Singapore tycoon SP Tao are selling their office space at the top of the SGX headquarters building, with that deal leading today’s headline roundup. Also in the news, a BlackRock JV acquires a Sydney life sciences building… Read More>>
ESR, Stack Break Ground on 18MW First Phase of Greater Osaka Data Centre Campus
Hong Kong-listed industrial giant ESR and US hyperscaler Stack Infrastructure have extended their partnership into Japan by starting construction of an 18-megawatt data centre in Keihanna, a suburban server-hosting hotspot east of Osaka.
Dubbed KIX01A, the building marks the first… Read More>>
ESR, Xander Said Marketing India Logistics Assets and More Asia Real Estate Headlines
India’s rising property values lead today’s review of real estate news from around Asia, as ESR and Xander Investment Management are said to be shopping logistics portfolios at healthy prices. Also making the list is a $7 billion fund raising… Read More>>
US Hyperscaler Stack Enters Malaysia with 220MW Johor Campus
The data centre developer’s Johor Bahru project will occupy a 10.8 hectare (26.7 acre) and will include two facilities spanning 1 million square feet (92,903 square metres) when complete. Stack is designing the campus to support artificial intelligence and machine… Read More>>
CapitaLand Ascott Trust Selling Tianjin Apartments and More Asia Real Estate Headlines
CapitaLand leads today’s roundup of real estate news from around the region as the Singapore giant’s primary residential REIT issues a tight-lipped disclosure on the sale of a Tianjin apartment complex. Also making the list today is an activist battle… Read More>>
China Home Prices Ticked Upwards in February and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, an uptick in new home prices across 70 Chinese cities offers the promise of a steadying market, and Tokyo-listed Nomura Real Estate Master Fund plans to buy four senior care homes across Japan.
ESR, Stack Team Up Again for 72MW Osaka Data Centre Campus
Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.
ESR and Stack will jointly build… Read More>>
ESR Developing 48MW Data Centre Near Seoul With Stack Infrastructure
Real asset manager ESR has formed a joint venture with US hyperscaler Stack Infrastructure to build a 48-megawatt data centre in Seoul’s western suburbs, marking the Hong Kong-listed group’s first greenfield server-hosting project in South Korea.
ESR and Stack will… Read More>>