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NTT Opens 45MW Data Centre East of Jakarta as Largest Project in Indonesia

2022/04/04 by Christopher Caillavet Leave a Comment

Japanese telecom group NTT announced late last week that it had opened its newest and largest data centre in Indonesia, aiming to meet the requirements of hyperscalers and high-end enterprises in Southeast Asia’s biggest economy.

Located in Bekasi, about 30… Read More>>

wuhan Skyline

CapitaLand Wins Wuhan, Chengdu Sites for $550M and More Asia Real Estate Headlines

2022/04/04 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, CapitaLand enters the winning bids for residential development sites in Wuhan and Chengdu, Indian logistics developer IndoSpace is reportedly mulling a Singapore IPO, and state-owned China Poly plans to sell several projects in… Read More>>

weijian shan PAG

PAG Files for Hong Kong IPO, Reportedly Seeking to Raise $2B

2022/03/28 by Christopher Caillavet Leave a Comment

PAG will test the choppy waters of the Hong Kong IPO market with a listing that could raise $2 billion for the private equity firm, according to an HKEX filing and a Bloomberg report published late Friday.

Hong Kong-based PAG… Read More>>

Jonathan Yap CapitaLand

CapitaLand Investment Selling 79 Robinson Road in Singapore for $930M

2022/03/28 by Beatrice Laforga Leave a Comment

CapitaLand Investment and its Japanese partners have agreed to sell 79 Robinson Road in Singapore’s downtown core for S$1.26 billion ($930 million) to CapitaLand Integrated Commercial Trust (CICT) and a private fund managed by the Temasek Holdings-backed giant.

In a… Read More>>

Paul MacAndrew IWG

IWG Opening New Centre at Former WeWork Space in Swire Wanchai Tower

2022/03/28 by Christopher Caillavet Leave a Comment

Flexible office giant IWG is preparing to open its 18th Hong Kong outlet and fifth in a former WeWork location in the city, this time in a newly refurbished building owned by blue-chip developer Swire Properties.

Scheduled to open in… Read More>>

Li Sze-lim

Guangzhou R&F Shares Slide After $1.3B Loss Predicted and More Asia Real Estate Headlines

2022/03/28 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Guangzhou R&F’s shares plunge after the developer issues gloomy guidance, the boss of an Aussie casino operator steps down over a failure to stop malfeasance, and Shui On Land’s stock surges on sterling… Read More>>

Mapletree CEO Hiew Yoon Khong

Mapletree to Invest $1.6B to Ensure Success of MCT-MNACT REIT Merger

2022/03/21 by Beatrice Laforga Leave a Comment

The managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have sweetened their proposed S$4.22-billion ($3.1 million) merger deal by offering an all-cash option funded by their sponsor, amid a flurry of criticism of the plan… Read More>>

gille chow cppib

CPPIB Announces $160M Seoul Area Data Centre JV

2022/03/21 by Christopher Caillavet Leave a Comment

The Canada Pension Plan Investment Board has revealed its latest splash in Asia’s data centre market, announcing a KRW 200 billion ($160 million) joint venture to develop the largest carrier-neutral hyperscale data centre in South Korea.

The Jukjeon Data Centre… Read More>>

Melco Crown's Lawrence Ho

Lawrence Ho’s Black Spade SPAC Files for Listing on the HKEX

2022/03/21 by Christopher Caillavet Leave a Comment

A special-purpose acquisition company controlled by Melco Resorts & Entertainment boss Lawrence Ho has filed a preliminary prospectus for a listing on the Hong Kong stock exchange after the bourse’s first-ever SPAC got off to a shaky trading start last… Read More>>

Joseph Lau Chinese Estates (1)

Chinese Estates Reports $447M Loss for 2021 and More Asia Real Estate Headlines

2022/03/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Joseph Lau’s Chinese Estates suffers a full-year loss tied to its Evergrande investments, a Singapore condo complex goes back on the market following Hong Kong developer Shun Tak’s exit from the deal, and… Read More>>

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