Malaysia

Johor data centre site sold 200pc above book value

PROPERTY owners in Malaysia’s Johor Bahru are capitalising on the strong demand for data centres, with a development site selling for more than 200% above the current book value, for…

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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 Malaysia

Korean VC shows confidence in Asia long-stay sector

SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…

US manufacturer rewires supply chain with Malaysian facility

UNITED States Illinois-based electrical and network infrastructure manufacturer Panduit is fortifying its supply chain by opening a new plant in…

OUE Healthcare unlocks value in Kuala Lumpur

PAN-Asian healthcare conglomerate OUE Healthcare has sold a vacant land in the Malaysian capital for RM125.0 million. The property title…

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…

Asia-Pacific double value of offshoring, Knight Frank

DESPITE a challenging business environment, the Asia-Pacific offshoring market is forecast to more than double to USD$185.1 billion by 2032, according…

Mapletree branches out further in Malaysia and Vietnam

THE SGD$13.3 billion Mapletree Logistics Trust continues to target Malaysia and Vietnam which are benefitting from a structural shift and…