India

Navanaami plans twin skyscrapers in the City of Pearls

PROPERTY developer Navanaami Projects Private Ltd has drawn back the curtains on its crowning jewel project, Megaleio, in Hyderabad, the City of Pearls in India. The RERA-approved project (PO2400007676), Megaleio…

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GLP expands China logistics and data centres business

GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…

GIC withdraws US$1bn Seoul sale amidst political uncertainty

SINGAPORE’S sovereign wealth fund GIC and CBRE Group have pulled the plug on their proposed…

Empyrion Digital makes foray into AI-ready centre in Taiwan

DIGITAL infrastructure player Empyrion Digital has joined forces with Giga Computing, a subsidiary of GIGABYTE,…

Singaporean sells Shanghai commercial office

SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial…

Lasted India

India drives flexible office growth

FLEXIBLE office space has reached a footprint of 89 million sq ft across Asia Pacific, primarily driven by India. CBRE’s…

CapitaLand seals Mumbai for SGD$ 109m

THE CapitaLand India Trust has acquired an office building in Navi Mumbai, India for RS 6.76 billion (approximately S$ 108.99…

ESR signs sustainable labelling provider in Mumbai

HELSINKI-based UPM Raflatac has signed a leasing agreement with real asset manager ESR to lease industrial space in Mumbai, India’s…

Tremendous potential in nascent Asia Pacific data centres sector

WHILST cloud computing was the primary driver for data centre demand, generative AI is now underpinned explosive growth for digital…

Asia Pacific Power shortages impact data centres, CBRE

POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report…

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 in its…

Alibaba Cloud closes India data centre

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

ESR boosts presence in India

REAL estate manager ESR has strengthened its position in India after acquiring a 27-acre land (110,000 sqm) in Oragadam, an…