More bad news for Hong Kong’s New World Development leads today’s look at real estate happenings from around the region, as the builder reports steeper losses, despite asset sales. Also making the list are a potential office mega-deal in Seoul… Read More>>
Stonepeak Completes $1.3B Investment in PDG and More Asia Real Estate Headlines
More cash for data centres leads today’s look at real estate news from around the region with Stonepeak closing on its $1.3 billion investment in Princeton Digital Group. The parent company of Australia’s largest student housing provider also makes the… Read More>>
Princeton Digital Group Bags $1.3B Equity Investment From Stonepeak
Singapore-based Princeton Digital Group on Friday signed agreements to receive a preferred equity investment of $1.3 billion from US fund manager Stonepeak, bringing the data centre developer’s total capital raised in 2025 to $2.5 billion.
The infusion by infrastructure-focused Stonepeak comes… Read More>>
Princeton Digital Group in Talks for $1B Investment From Stonepeak
Singapore-based Princeton Digital Group is in talks to receive at least $1 billion in investment from private equity firm Stonepeak, market sources confirmed to Mingtiandi on Wednesday, as data centre outfits continue to aggressively raise funds with a view to… Read More>>
Stonepeak-Backed Digital Edge Secures $1.6B for Asia Expansion
Data center operator Digital Edge announced on Monday that it has raised over $1.6 billion in equity and debt financing, with the capital earmarked for expanding its data center infrastructure in Asia.
The deal mix includes $640 million in equity… Read More>>
UOL, CapitaLand Confirm $601M Singapore Condo Buy and More Asia Real Estate Headlines
A joint venture of UOL and CapitaLand completes its acquisition of a Singapore condo complex, with that collective purchase leading today’s headline roundup. Also making the list, Japan’s Daiwa House REIT agrees to buy a residential property in Chiba and… Read More>>
Stonepeak-Backed Digital Edge, Peak Energy Strike 500MW Renewables Partnership
Data centre platform Digital Edge and renewable energy developer and producer Peak Energy have formed a partnership to collaborate on renewable energy projects that will power Digital Edge data centres in the Asia Pacific region.
The Singapore-based stablemates, both backed… Read More>>
Stonepeak-Backed Equalbase Developing $58M Greater Seoul Facility
Logistics builder Equalbase on Thursday announced its acquisition of a freehold land plot southeast of Seoul, with the company planning to develop a warehouse at a total cost of KRW 79 billion ($58 million).
The Icheon-Baeksa project will comprise 41,800… Read More>>
Stonepeak Beats Target With $3.3B Final Closing of Maiden Asia Infrastructure Fund
US private equity firm Stonepeak has reached a final closing of its first Asia infrastructure fund with capital commitments of $3.3 billion, exceeding the vehicle’s hard cap of $3 billion.
The fund represents Stonepeak’s first dedicated Asia strategy and targets… Read More>>
Asia Real Estate People in the News 2024-01-22
Leading off this week’s collection of people moves from around the Asia is a senior-level move at one of Canada’s largest pension funds, with a new Korea appointment also making the list and one more Chinese official getting tripped up… Read More>>