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>>
Digital Edge Boosts Majority Stake in Indonesia’s Indonet With Buyout of Founders
Digital Edge has acquired the remaining shares held by the original founders of Indonesia’s PT Indointernet, upping the majority stake already held by the Singapore-based startup in the data centre operator known as Indonet.
The buyout of shares held by… Read More>>
Equalbase Ties Up With Malaysia’s Sunway for $1.7B Johor Logistics Project
Singapore-based logistics builder Equalbase and Malaysian conglomerate Sunway Group broke ground on a 55 hectare (136 acre) logistics project in the southern Malaysian state of Johor on Tuesday, with the joint venture partners saying they have committed MYR 8 billion… Read More>>
Stonepeak Investing Up to $650M in Singapore-based AGP Sustainable Real Assets
US infrastructure private equity firm Stonepeak is injecting as much as $650 million into a Singapore-based investment firm specialising in green infrastructure as it continues to expand its bets in Asia Pacific.
Stonepeak announced on Friday that it… Read More>>
Digital Edge Eyes Data Centres in India, Thailand on Way to 500MW Portfolio
After adding eight data centres to its portfolio over the past year, Singapore-based Digital Edge’s top executive is mapping out a path to new markets in India and Thailand as the company aims to more than double its capacity by… Read More>>
Stonepeak Forms APAC Logistics JV With Singapore Builder Equalbase
Stonepeak has teamed up with Singapore-based builder Equalbase to develop logistics properties across Asia Pacific as the US infrastructure private equity firm ramps up its investments in the region.
A fund managed by Stonepeak is taking an equity stake in… Read More>>