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Johor vies for greater slice of data centre pie

MALAYSIAN developer UEM Sunrise Berhad has joined forces with LOGOS to developing a data centre campus in Johor…

Mindspace Business Parks REIT secures green financing

INDIA’S green revolution continues with commercial real estate investment trust Mindspace Business Parks REIT securing INR 6.5 billion…

Keppel REIT creates Green Financing Framework to support sustainability

THE Keppel REIT has established a Green Financing Framework to support its environmental, social and governance (ESG) targets…

Nippon REIT double sale fetches JPY 3.8bn

THE Nippon REIT has sold two assets in Tokyo and Osaka for a combined JPY 3.885 billion. Keio…

Alibaba Cloud closes India data centre

ALIBABA Cloud will close its data centres in Mumbai, India by the end of the month. The two…

Hongkong Land shows confidence in Chengdu retail

DIVERSIFIED property developer Hongkong Land has launched its first wholly-owned commercial property in China’s fourth most populous city…

Hot Japan hotel market book over USD500m in transactions

INVESTORS continue pour into Japan’s hotel market. This week the world’s third most popular tourism destination reported over…

Global investor and Kenedix move in together for “Kolet”

REAL estate asset manager Kenedix has established a new fund with an undisclosed global institutional investor targeting Japan’s…

Asia Pacific tourism on road to full recovery

RECOVERY in international tourism in the Asia Pacific region will continue this year. Credit ratings agency Fitch has…

ESR drives expansion in China logistics

PAN Asia industrial player ESR is looking to raise RMB2.438 billion (approximately USD$336 million) for a new logistics…

Singapore office rents growth slow as occupiers put their foot down

OFFICE tenants have begun resisting higher asking rents in Singapore and exploring alternative arrangements which has resulted in…

Reprieve for Shenzhen developer owing $12bn

SHENZHEN-based property developer Kaisa Group has been granted an extension by the Hong Kong High Court to finalise…

Market gives Midea spin off a thumbs up

CHINESE developer Midea Real Estate Holdings received positive reaction from the market about its proposed plans to spin…

Paragon sells The Rail Mall for SGD$78.5m

RETAIL property investor Paragon REIT has sold Singapore’s prominent retail strip, The Rail Mall, for SGD$78.5 million. Located…

Innovative solutions floated to meet data centre hunger

DEVELOPERS are thinking outside the square to meet the insatiable appetite for data centres by dipping their toes…