Data Centre Forum News Today

A new €50 million submarine cable running from Iceland to Galway makes the Nordic island a “digital suburb of Dublin”

Speakers from LOGOS, Cushman & Wakefield, SDAX and Baker McKenzie will discuss opportunities for return in Asia's large scale data centres.

City Developments Ltd (CDL) on Friday said it had applied for a Singapore initial public offering (IPO) of a UK real estate investment trust.

Singapore sovereign wealth fund GIC will be opening an office in Sydney, Australia in 2022, with a focus on real estate investments.

Mapletree North Asia Commercial Trust (MNACT) has agreed to buy Hewlett Packard's Japan headquarters in Tokyo from Hulic for JPY 38.8 bil.

Mingtiandi Username The site is close to a set of three parks in central Singapore A real estate developer controlled by the family behind United Overseas Bank has placed the top bid for a residential site overlooking a set of parks in central Singapore, edging out 14 other contestants including a joint offer by City Developments Ltd and a unit of Hongkong Land, according to an official announcement. UOL Group Ltd joined with its subsidiary, Singapore Land Group Ltd and Kheng Leong Company, a p...

ARA Asset Management has increased its equity stake in Japanese fund manager Kenedix to 30% in a joint venture with SMFL.

Mingtiandi Username Hines showed showed that sheds are central to its Asia strategy by acquiring a Dongguan project last year US developer Hines has created a flagship fund for the Asia Pacific region, boosted by a $400 million capital commitment from Canadian pension manager Cadillac Fairview. The fund, called Hines Asia Property Partners, will be a multi-sector, open-ended, diversified vehicle targeting top-tier markets in Japan, Australia, South Korea, Singapore and China (including Hong Kon...

Mingtiandi Username OUE Bayfront on Collyer Quay After a sharp rebound in the first quarter of 2021, Singapore’s property investment volume is set to recapture pre-COVID levels in the coming periods, according to research by Colliers. The global consultancy said total investment sales in the first quarter rose 25.8 percent from the previous quarter and 47.9 percent from a year earlier to S$3.8 billion ($2.9 billion) as sentiment improved amid the reopening of the city-state’s economy. In th...

Mingtiandi Username Eu Chin Fen has taken back the top spot at Frasers Hospitality Trust After losing its chief executive to a senior role with the Singapore government, the manager of SGX-listed Frasers Hospitality Trust has chosen Eu Chin Fen as its new leader, adding to the roster of female bosses heading REITs listed in the city. Eu took over the trust’s top spot on 10 April after Colin Low served out his last day as chief executive of the twin firms managing the S$2.25 billion ($1.67 bil...