Asia real estate and outbound investment news
The government of Thailand on Monday approved three data centre projects representing a total investment of THB 90.9 billion ($2.7 billion) as the kingdom continues to attract digital infrastructure players.
The trio of facilities by three different operators will have… Read More>>
Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the next five to seven years as demand for the sector grows, according to Cushman & Wakefield.
The pipeline, which excludes hyperscale projects,… Read More>>
Empyrion Digital has entered a fifth Asian market with the development of an edge co-location data centre in Bangkok, marking the Singapore-based firm’s maiden investment in Thailand.
The Bangkok facility, dubbed TH1, spans more than 9,960 square metres (107,209 square… Read More>>
Equinix is the latest player to enter Thailand’s blossoming data centre market, with the US giant announcing a plan to invest $500 million in the kingdom’s digital infrastructure over the next decade.
As part of the rollout, Equinix recently acquired… Read More>>
Google on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand, including plans for a data centre in the country’s eastern industrial heartland and a public cloud location in Bangkok.
Google’s first Thai data centre will… Read More>>
Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local developer Origin Nationwide, according to an announcement this week by the Japanese company.
Nomura has partnered with Origin to develop a… Read More>>
Singapore’s CapitaLand Investment is setting up a S$350 million ($256 million) fund with Thai developer Pruksa Holding to invest in wellness and healthcare-related real estate assets in Southeast Asia.
After the initial joint commitment, CapitaLand Investment Wellness Fund (C-Well) is… Read More>>
After going public less than six years ago, Thailand-listed Strategic Hospitality REIT has sold its entire three-hotel portfolio for $106.1 million, narrowly avoiding an imminent loan default.
The disposal of the three assets — the five-star Pullman Jakarta Central Park… Read More>>
ESR on Wednesday announced its expansion into Thailand with the development of two industrial and logistics parks representing a capital investment of THB 8 billion ($235 million).
The Hong Kong-listed group’s first project, expected to be completed by the end… Read More>>
The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a 12-megawatt data centre as the company’s largest facility in Thailand.
Located 57 kilometres (35.4 miles) from central Bangkok at Amata City… Read More>>
