Asia’s data centre market has been expanding to hyperscale this year, and next week Mingtiandi will begin bringing you a series of online conversations with top operators and investors in the sector, including Blackstone, Warburg Pincus, Cisco Systems and Singapore’s… Read More>>
Goldin Claims HK$14B Sale of Kowloon East HQ Held by Receivers
While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>
Goldin’s HK$18.3B Kowloon HQ Put on the Market by Creditors
The drama around cash-strapped developer Goldin Financial Holdings reached a new high point today as a property agent began marketing the Hong Kong-listed company’s headquarters on behalf of unpaid creditors, according to a statement received by Mingtiandi.
Knight Frank announced… Read More>>
CapitaLand Fund Buying Office Tower Near Singapore’s Tanjong Pagar for S$200M
Singapore’s office market showed signs of life today as a listed company controlled by the family of Indonesian billionaire Tahir is selling an office tower for S$200 million ($145.6 million), according to an announcement to the stock exchange.
MYP Ltd,… Read More>>
Hong Kong Office Vacancy Rises for 13th Straight Month, Central Now 6% Empty
Hong Kong’s beleaguered Grade A office market continued to face rising vacancies and falling rents in August, although the emptying out of Central and other core districts of the city showed signs of slowing, according to a report released earlier… Read More>>
ESR Gets A$480M Australia Commitment From GIC, Signs Japanese Mega-Lease
Singapore’s sovereign wealth fund has gone back for its fourth helping of ESR warehouses this year with GIC now committing A$480 million ($337 million) to a logistics development partnership in Australia, according to a stock exchange announcement on 24 September.
Evergrande Buys Project in Shanghai’s Hongkou District for RMB 2.3B
China Evergrande has added to its project pipeline in Shanghai, with the top mainland developer winning a government land auction of a Hongkou district site this past week.
The Shenzhen-based builder outbid state-run giant China Poly Real Estate to win… Read More>>
SLB Development Picks Up Singapore Industrial Site for S$112.5M
Singapore’s light industrial assets continued to find favour with investors last week as a developer listed on the city’s Catalist exchange picked up a plot in the city’s Bukit Merah district for S$112,500,000 ($83 million).
SLB Development has agreed to… Read More>>
Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers
Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip developer hoping to develop two taller towers rather than follow the original three building concept.
Hong Kong’s biggest developer by… Read More>>
Bain-Backed Asia Data Centre Startup Files for NASDAQ IPO
The private equity rush to cash in on Asian data centre demand achieved a new milestone this month when a Beijing-based startup backed by Bain Capital filed for a NASDAQ IPO.
Chindata Group Holdings filed its Form F-1 registration statement… Read More>>
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