GDS Holdings has agreed to acquire a data centre campus in Beijing for RMB 2.5 billion ($348 million) as the company ramps up its capacity to keep up with the rising demand for cloud and digital technology across China, according… Read More>>
Frasers Planning $4B SG REIT Merger and More Asia Real Estate Headlines
A pair of Singapore-listed REITs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the two real estate investment trusts are planning a merger that will create a super-REIT with a portfolio… Read More>>
Gaw Capital Sets Up Mainland Data Centre JV to Launch New Fund
Gaw Capital Partners has established a new joint venture with mainland data centre developer and operator Centrin Data to acquire, develop and operate hyperscale facilities in China, according to an announcement by the Hong Kong-based investment management firm on Friday.
Digital Realty Signs India Data Centre MOUÂ
Digital Realty Trust has taken its first step towards establishing a presence in India’s data centre market as it moves to capitalise on the booming data economy in the South Asian nation.
The San Francisco-based data centre REIT manager has… Read More>>
Fund Manager Actis Investing $180M for Majority Stake in China Data Centre Developer
UK-based fund manager Actis has taken a majority stake in China-focused data centre specialist Chayora Holdings with a $180 million investment.
The London-headquartered firm, which is providing the capital through its Actis Asia Real Estate Fund and other managed investment… Read More>>
Mapletree JV Buys 13 North America Data Centres From Digital Realty for $1.37B
A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 data centres in North America from Digital Realty for $1.37 billion according to a joint announcement by the companies, as the ever-expanding… Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.
The Singapore-listed data… Read More>>
Singapore REIT Launches S$102M Offering to Fund Aussie Buy and More Asia Real Estate Headlines
Australia leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-listed REIT has launched a preferential offering to raise funds to acquire a grade A office in Adelaide.
In other news around the… Read More>>
APAC Data Centre Market Predicted to Grow to $28B by 2024
The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.
Underpinned by a surge in demand for cloud services and digitisation,… Read More>>
GIC Aims for the Cloud in China Data Centre Tie-Up with GDSÂ Â Â
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.
Initially, the Singaporean sovereign wealth… Read More>>