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Xu Hang

Buyer Linked to Mainland Billionaire Xu Hang Bags Mansion on Hong Kong’s Peak for $107M

2024/01/22 by Kevin He Leave a Comment

A luxury house in Hong Kong’s prestigious Peak area was sold to a Chinese buyer for HK$838 million ($107 million) in a rare purchase of a super-luxury property by a mainlander amid the city’s protracted property slump.

The mansion at… Read More>>

Adani Group Chairman, Gautam Adani

Adani to Invest $6B in Mumbai Area Data Centres in Coming Decade

2024/01/22 by Beatrice Laforga Leave a Comment

Billionaire Gautam Adani’s flagship holding company has pledged to invest INR 500 billion ($6 billion) in developing and operating hyperscale data centres in India’s Maharashtra state over the next 10 years. 

Adani Enterprises, a member of the Adani Group, on… Read More>>

Trent Iliffe of Logos

Logos-Ivanhoe Cambridge India Industrial JV Buys Land to Expand $130M Pune Project

2024/01/22 by Christopher Caillavet Leave a Comment

APAC warehouse specialist Logos and Canadian investor Ivanhoe Cambridge have expanded their Chakan Industrial Estate in India’s Maharashtra state via a fresh land acquisition, with the longtime partners committing more than INR 11 billion ($130 million) to the development project.

… Read More>>

Hiroaki Hoshino Tokyu Group

Japan’s Tokyu Land Completes 162,000 SQM Greater Osaka Warehouse

2024/01/22 by Poonyapat Luenam Leave a Comment

Tokyu Land Corporation last week announced the completion of a 161,539 square metre (1.7 million square feet) warehouse in Greater Osaka, marking the Japanese property giant’s largest industrial project to date.

Designed to serve the cities of Kyoto, Osaka and… Read More>>

Steve Hyung Kim, Head of Korea, LaSalle Investment Management

LaSalle Sells Greater Seoul Shed to Korea’s PAMCO for $95M

2024/01/15 by Beatrice Laforga Leave a Comment

LaSalle Investment Management has sold a logistics facility on the outskirts of Seoul to local fund manager Pacific Asset Management Co. (PAMCO) for KRW 125 billion ($95 million).

LaSalle sold the 39,927 square metre (429,770 square foot) Logiport Osan Logistics… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Plunge 83% in December, Full-Year Tally Hits 15-Year Low

2024/01/15 by Beatrice Laforga Leave a Comment

Singapore new private home sales plunged 83 percent to 135 units in December from the 784 units transacted the previous month, posting the lowest monthly sales recorded in the city-state since the 2007-08 global financial crisis.

The year-end holidays and… Read More>>

Anthony Boyd

Frasers Property Appoints Group COO, Asia Emerging Markets CEO Amid Stock Slide

2024/01/15 by Kevin He Leave a Comment

Frasers Property has elevated Anthony Boyd, who currently serves as chief executive of the Singapore-listed developer and investor’s Australia business, to the newly created role of group chief operating officer as part of a broader leadership shuffle at both the… Read More>>

Doug Adams NTT

NTT Opens 22MW Data Centre at Second Campus in India’s Noida

2024/01/15 by Christopher Caillavet Leave a Comment

NTT Ltd has launched its second data centre campus in India’s National Capital Region, with the company completing delivery of a 22.4-megawatt facility as the first stage of the complex in Noida.

Dubbed Noida 2, the 6 acre (2.4 hectare)… Read More>>

kei hoi pang Logan

Mainland Developer Logan’s Restructuring Hits Snag and More Asia Real Estate Headlines

2024/01/15 by Ponrath Sopannarath Leave a Comment

Logan Group leads today’s collection of headlines from around the region as the bank creditors threatened to liquidate two key units. Also in the news, India’s Phoenix Mills shelves plans to foray into warehousing properties and Hong Kong builders face… Read More>>

Christina Tan of Keppel

Keppel Buys Singapore Commercial Complex for $262M on Behalf of PGGM Fund

2024/01/08 by Beatrice Laforga Leave a Comment

Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of Dutch pension fund and asset manager PGGM for S$348 million ($262 million), confirming earlier media accounts.

The firm formerly known as… Read More>>

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