…e over the next four years as approximately 120 to 130 new facilities come online annually. In a race to supply growing demand for computing power, global investors are rushing to deploy capital into data centre strategies, with BlackRock, Global Infrastructure Partners, Microsoft and Abu Dhabi state-backed AI investment firm MGX in September forming a $100 billion partnership to invest in AI-related infrastructure. Jing Zhou, Senior Director, Alt…
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MTD TV Data Centre Series Kicks Off Next Week
…le 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 Princeton Digital Group. Ellen Ng, Co-Head of Asia Real Estate, Warburg Pincus Rangu Salgame, Chairman & CEO, Princeton Digital Group Our first session on Mingtiandi’s MTD TV video network is happening at 10:00 am Hong Kong time on Tuesday…
Shanghai Skyscraper Now on Sale for Singles Day And More China Real Estate Headlines
…ction of the 7th to 32nd floors of Shanghai’s Tomorrow Square on Alibaba’s online marketplace failed. There were 514 people who set up reminders and 53,862 people who signed up to follow the auction, but none registered to participate in the bidding. Following the frustrated tender, a second attempt at an online sale for the serviced apartment property will be held during Alibaba’s Singles Day promotion on 11 November. The starting price for the a…
Amazon to Lease 3 Floors in Singapore’s Asia Square and More Asia Real Estate Headlines
…mber of the e-commerce giant’s Chinese tech rivals are expanding here. The online retail giant will lease three floors covering about 90,000 sq ft at Asia Square Tower 1 in the heart of the financial district, according to people with knowledge of the plans. Staff will move into the new offices early next year, the sources said, asking not to be identified because the plans are not public. Read more>> Brookfield REIT Plans $600 million IPO Brookfi…
The Resume Shuffle
…resumes Review and sort resumes to find best candidates — we use the free online service catsone.com to assist us with this Contact short-listed candidates for initial interview/start application process Intial Interview Stage Application form – applicants need to fill out a detailed form about their personal histories Cognitive Aptitude Tests — we use intelligence tests provided by JWGrace Consulting to test the aptitude of applicants Computer S…
Evergrande Gets HKEX Nod for Management Spin Off and More Asia Real Estate Headlines
…s are allocated in the United States — followed by Asia. Read more>> India Online Grocer in Talks with Temasek for $100M Fundraise Bengaluru-based BigBasket is in talks to raise up to $100 million in a fresh funding round led by Singapore’s state investment arm Temasek Holdings to fight new competitors, including JioMart, in the online grocery segment. According to a report in Entrackr, the talks between the two have been on for the past few weeks…
Reliance Retail India Deal on Hold Amid Amazon Battle and More Asia Real Estate Headlines
…more>> Tata in Talks to Buy Majority Stake in Online Grocer for $1B Indian online grocery startup BigBasket is in advanced talks to sell a majority stake for about $1 billion to salt-to-software conglomerate Tata Group, the Economic Times reported on Wednesday, citing three sources familiar with the matter. The century-old group has been planning to launch a “super app”, one that will tie in all its consumer businesses, several media reports have…
LaSalle Rolls Out New Logistics Facilities in Shanghai, Suzhou and Jiaxing
…ects the city to the rest of the Yangtze River Delta economic hub. The two-storey, double-ramped Logiport facility has been fully pre-leased to a leading global integrated express courier and logistics operator. Slightly further west, LaSalle has opened Logiport Suzhou, a 51,000 square metre two-storey property which was completed at the end of September. The dual-ramp facility is located close to the city of Suzhou in Jiangsu province, about 90 k…
JD.Com Said Buying Wanda Billing Platform for $230M and More Asia Real Estate Headlines
JD boss Richard Liu is buying out Wanda’s online payment system Wang Jianlin’s Dalian Wanda Group continues to sell off piece of business units once touted as the future of the company, as a news report in China says the conglomerate will sell its online payment unit to e-commerce giant JD.com’s fintech division. Also in the headlines, Hong Kong private equity firm PAG is said to be planning $8 billion in Japanese investments over the next four y…
Idiot-Proofing, Dropbox and the GFW
…reat Firewall of China (GFW). We regularly use Dropbox as a combination of online backup and file sharing. The service allows us to collaborate on files, such as editing the stories for our website, without having a physical file-server in our office or relying on emailing files back and forth. Of course, we could rely on other services such as Google Docs, but the immense popularity of Docs means that it has always been too tempting of a target f…
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