Asian industrial giant ESR and London-based Colt Data Centre Services have set up a joint venture to develop the first phase of a 130-megawatt hyperscale campus in suburban Osaka.
The 65MW initial phase will be designed and built by the… Read More>>
China Vanke Announces Chairman Switch Following Detention Reports
China Vanke is facing a fresh challenge after the embattled mainland developer revealed on Monday that its chairman has resigned after less than nine months on the job, with reports indicating that the long-time Shenzhen Metro boss has been detained… Read More>>
Hong Kong Tests Market with Tender for Kowloon Residential Site
The Hong Kong government will launch a small Kowloon residential site for tender before the end of this year, testing developer appetites for new projects in the city after having held back urban housing plots in the previous two quarters.
Gaw Seeks to Refinance $370M Loan on Shanghai Asset and More Asia Real Estate Headlines
The ongoing struggles of China’s real estate markets lead Mingtiandi’s look at the headlines from around Asia Pacific today as Gaw Capital looks for ways to finance $370 million in debt tied to a Shanghai office project. Also making the… Read More>>
NTT Global Data Centers Breaks Ground on 36MW Osaka Campus
NTT Global Data Centers has begun construction of a 36-megawatt Osaka hyperscale campus, according to a statement this week.
A groundbreaking ceremony at the site in Ibaraki City, 20 kilometres (12.4 miles) north of central Osaka, took place on 1… Read More>>
Sweden’s EQT Names Asia Boss Salata as Chair to Succeed Founder Conni Jonsson
Less than five months after replacing its CEO, fund manager EQT has nominated its Asia boss to succeed founder Conni Jonsson as chairperson.
The appointment of Jean Eric Salata remains subject to regulatory approval and a shareholder vote next May,… Read More>>
HSBC Proposes $37B Privatisation of Hong Kong Unit Hang Seng Bank
HSBC Holdings has offered to take private its Hang Seng Bank subsidiary in a deal valuing the Hong Kong-based unit at HK$290 billion ($37.3 billion) on an equity basis.
Under the plan, the London-headquartered, Asia-focused lender would pay HK$106 billion… Read More>>
GLP J-REIT Selling Greater Tokyo Shed for $72M
GLP J-REIT has agreed to sell a warehouse located northeast of Tokyo to an undisclosed buyer for JPY 10.9 billion ($72 million), as the TSE-listed trust continues to carry out a divestment programme aimed at enhancing value for unitholders.
GLP… Read More>>
Warburg’s Tak Murata, Brookfield’s Andrew Burych to Lead Mingtiandi Tokyo Forum Next Month
The second annual Mingtiandi Tokyo Forum is less than one month away and will bring together more than 250 senior leaders from Asia Pacific’s real estate investment community for a day of discussions and thought leadership in and about the… Read More>>
Singapore Quarterly Office Rent Growth Quickens to 1.3%, Boosted by IOI Central Boulevard
Grade A office rents in Singapore’s central business district rose 1.3 percent in the third quarter compared with the previous three months, marking their strongest growth since the first quarter of 2024, according to JLL.
Gross effective rents in the… Read More>>
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