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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>>

Kelvin Chow - Lendlease

Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex

2021/06/07 by Christopher Caillavet Leave a Comment

SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.

LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>

Anseong Logistics Park

ESR Korean REIT Buys $145M Warehouse and More Asia Real Estate Headlines

2021/06/07 by Danat Krairiksh Leave a Comment

Warehouses lead today’s collection of property news from around Asia, as ESR’s Korean REIT purchases a fully leased warehouse from its sponsor.

Also in the headlines, New World has sold out the latest phase of a project in the New… Read More>>

George Hongchoy - Link

Link REIT Buying Guangzhou Mall for $501M

2021/06/05 by Michael Cole Leave a Comment

Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.

Link REIT announced late Friday that it was… Read More>>

cindy chow mnact

Mapletree North Asia Commercial Trust to Add HP Japan Building for $350M

2021/05/31 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by Hewlett-Packard Japan for JPY 38.8 billion ($350 million).

MNACT will acquire an effective interest of 98.47 percent in the nine-storey office block in… Read More>>

hari krishna cppib

CPPIB Commits $77M to Kolkata Retail JV With Phoenix Mills

2021/05/31 by Christopher Caillavet Leave a Comment

Fund managers from Canada’s biggest pension plan are teaming up with Indian mall developer Phoenix Mills on a retail joint venture in Alipore, Kolkata.

The Canada Pension Plan Investment Board and its longtime Indian partner will develop a retail centre… Read More>>

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