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Michael Tanujaya, STT GDC

Hyperscalers Kick Off Mingtiandi Data Centre Forum on Tuesday

2024/10/07 by Michael Cole Leave a Comment

Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of Asia’s hyperscale market as Mingtiandi’s fifth annual data centre forum begins on Tuesday.

With data centre operators having brought on line… Read More>>

Mansoor Ebrahim Al-Mahmoud

Qatar Investment Authority Joins Consortium for Proposed ESR Buyout

2024/10/07 by Christopher Caillavet Leave a Comment

Qatar’s sovereign wealth fund has joined an investor group seeking to acquire industrial builder and fund manager ESR, with the expanded consortium representing about 40 percent of the issued shares of the Hong Kong-listed company.

The Qatar Investment Authority, which… Read More>>

Lin Tsz-Fung AKA Hugo Lam Chi-Fung

Best Mart 360 Boss Marketing Causeway Bay Building After Cutting Price 54%

2024/10/07 by Kevin He Leave a Comment

Mainland property investor Lin Tsz-Fung is marketing a commercial building in Hong Kong’s Causeway Bay area at less than half of what he was seeking for the property six years ago.

Lin, a co-founder of HKEX-listed retailer Best Mart 360… Read More>>

Daiwa House chief executive and president Keiichi Yoshii

Daiwa House Eyes $500M Investment in US Builder and More Asia Real Estate Headlines

2024/10/07 by Michael Cole Leave a Comment

Daiwa House Industry is the latest Japanese builder looking to make a big bet on the US residential market, with that story leading today’s headline roundup. Also in the news, Hong Kong’s biggest developer sells new homes at a discount… Read More>>

Ruth Porat, president and chief investment officer of Alphabet

Google Unveils $1B Investment Plan for Thailand Data Centre, Public Cloud Location

2024/09/30 by Christopher Caillavet Leave a Comment

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>>

John Casasante, CEO and CIO designate at Manulife US REIT

Manulife US REIT Selling California Office Building for $117M to Repay Debt

2024/09/30 by Christopher Caillavet Leave a Comment

Manulife US REIT has agreed to sell a California office building for $117 million, with the Singapore-listed trust planning to use proceeds from the disposal to repay all loans due in 2025.

MUST will tap existing cash and the net… Read More>>

Andrew Jennings, head of Australia and New Zealand infrastructure at KKR

KKR, Skip Capital to Acquire 74% Stake in Queensland Airports

2024/09/30 by Mingtiandi Team Leave a Comment

US private equity major KKR and Australian private investment fund Skip Capital on Thursday announced that they have signed definitive agreements to acquire a 74.25 percent stake in Queensland Airports Limited.

In the news release, KKR said the newly acquired… Read More>>

Housing in Huai'an, Jiangsu, China (Getty Images)

Top Mainland Cities Ease Homebuying Restrictions and More Asia Real Estate Headlines

2024/09/30 by Michael Cole Leave a Comment

China’s biggest cities are easing homebuying rules as mainland banks vow to adjust rates on existing mortgages, with those stories leading today’s headline roundup. Also in the news, shophouse sales heat up in Singapore’s Bugis area and Hong Kong home… Read More>>

David Fassbender PGIM

PGIM Selling Pair of Singapore Office Floors as Strata Market Heats Up

2024/09/30 by Michael Cole Leave a Comment

PGIM Real Estate is selling a pair of floors in an office building on Singapore’s Robinson Road to a buyer said to be from mainland China, as private investors continue to dominate deals in the Lion City’s commercial market.

After… Read More>>

Jon Gray, President Blackstone

Blackstone Selling Motel 6 Lodging Brand to India’s Oyo for $525M

2024/09/23 by Christopher Caillavet Leave a Comment

Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian hospitality group Oyo for $525 million.

Oyo’s parent firm, Oravel Stays Ltd, will acquire G6 Hospitality in an all-cash deal,… Read More>>

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