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Dongwon Kwak, Vice President & Head of North, BW Industrial Development JSC

Warburg Pincus-Backed Developer to Share Vietnam Industrial Insights on Wednesday

2021/06/25 by Michael Cole Leave a Comment

With its youthful population and fast-growing economy, Vietnam is quickly becoming an integral part of multi-national supply chains, with the country’s industrial real estate market now among Asia’s most dynamic.

Co-founded by US private equity firm Warburg Pincus and Vietnamese… Read More>>

Andrea Orlandi CPPIB

GLP Reunites with CPPIB, QuadReal to Boost European Fund to $4.9B; Completes China IPO

2021/06/21 by Christopher Caillavet Leave a Comment

GLP is upsizing its European logistics development venture with its pair of Canadian partners, aiming to boost assets under management to €4 billion ($4.9 billion) from the original target of €2 billion.

The logistics giant announced Monday that the Canada… Read More>>

richard smith unite students

GIC JV Acquires Two London Student Housing Projects for $472M

2021/06/21 by Christopher Caillavet Leave a Comment

Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on a four-year-old bet on student housing in the UK.

Unite Students, Britain’s largest provider of purpose-built student accommodation, said Friday… Read More>>

Alibaba to Launch First Philippine Data Center and More Asia Real Estate Headlines

2021/06/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>

Chong Kee Hiong Suntec

Suntec REIT Sells 30% Stake in UBS Singapore HQ to Billionaire Gordon Tang

2021/06/19 by Christopher Caillavet Leave a Comment

Suntec REIT has sold its 30 percent stake in Swiss bank UBS’s Singapore headquarters for S$295.5 million ($220.2 million), in a transaction that puts the owners of SingHaiyi Group in full control of the recently renovated asset.

“The divestment of… Read More>>

Charles Meyers

GIC to Invest Additional $3.9B into Equinix Hyperscale Data Centres

2021/06/14 by Christopher Caillavet Leave a Comment

Only three months after opening its first hyperscale facility in Asia, Equinix on Monday announced a deal with Singapore sovereign wealth fund GIC to inject a further $3.9 billion into growing the US firm’s xScale data centre programme.

Through a… Read More>>

Low Keng Boon

Sun Venture, Low Keng Huat Swap Stakes in Singapore Commercial Assets

2021/06/14 by Christopher Caillavet Leave a Comment

Just two months after Singapore developer Low Keng Huat hired away a top executive from local investment firm Sun Venture, the two companies are swapping stakes in a pair of long-standing joint ventures.

Low Keng Huat announced to the Singapore… Read More>>

Lee Chee Koon CapitaLand

CapitaLand Sets Up Sustainable Innovation Fund and More Asia Real Estate Headlines

2021/06/14 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, real estate giant CapitaLand hatches a five-year fund to boost innovation and sustainability, another Hong Kong parking spot goes for an eye-popping sum, and Singapore’s retail and office REITs outperform despite recent COVID… Read More>>

magnus ekborn lazada

ARA-Chelsfield Singapore Project Rechristened Lazada One as Alibaba Unit Relocates

2021/06/12 by Christopher Caillavet Leave a Comment

Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new Singapore home as it prepares to move into the building owned by ARA Asset Management and UK-based Chelsfield.

Earlier this year,… Read More>>

Hongkong Land Confident Asia’s World City Still Revolves Around Central

2021/06/07 by Michael Cole Leave a Comment

Hongkong Land has been leasing out a few more floors in its Exchange Square complex, and the blue-chip developer’s head of commercial property is sounding confident that top corporates will want to stay in the core of the world’s most… Read More>>

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MTD TV

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