NAB : Australian commercial property market sentiment falls in Q1 2020
Australian commercial property market sentiment fell 8 points to a below average 0 in the March quarter, according to The NAB Commercial Property Index...
Microsoft to establish its first data center region in New Zealand
Microsoft Corp. announced it plans to establish its first data center region in New Zealand. ''A major milestone toward delivering enterprise-grade cloud services in the country,'' says the company in a statement.
The New Zealand...
Mirvac gets approval for industrial estate development in Auburn
Mirvac has received development approval from Cumberland Council for its most recent industrial estate at 300 Manchester Road, Auburn in Western Sydney.
ASX-listed Mirvac plans...
APG, CPP Investments, ESR form US$1bn JV to invest in South Korean logistics real...
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR Cayman Limited (ESR) have entered into a strategic agreement to establish a new development...
GIC, Equinix to invest US$1bn in data centers in Japan
Global interconnection and data center firm Equinix, Inc. and Singapore's sovereign wealth fund GIC have agreed to form more than US$1.0 billion joint venture to develop and operate three...
LOGOS, Ivanhoé, Bouwinvest JV to invest in China logistics market
LOGOS, Ivanhoé Cambridge and Bouwinvest have formed a new joint venture with a GCC-based (Gulf Cooperation Council) investor to develop logistics and industrial facilities...
GLP closes US$2.1bn China logistics fund despite COVID-19 uncertainty
GLP has closed its GLP China Income Fund I (GLP CIF I) with a total investment capacity of RMB 15 billion (approximately US$2.1 billion)...
Australian property sentiment falls sharply amid COVID-19 crisis
Property industry sentiment across Australia fell sharply to a record low amid COVID-19 pandemic crisis, according to the ANZ Property Council industry survey for the June 2020 quarter.
Australian property industry...
CDL to acquire 51.01% joint controlling interest in China’s Sincere Property
City Developments Limited (CDL), a global real estate company, listed on the Singapore Exchange, has entered into a definitive agreement to acquire a 51.01%...
Singapore’s GuocoLand to sell hotel in Shanghai
Singapore-based real estate company GuocoLand Limited (GuocoLand), listed on the Singapore Exchange Securities Trading Limited, announced that its wholly-owned subsidiary, Shanghai Xinhaolong Property Development...
PAG closes its real estate fund at US$2.75bn
PAG, Hong Kong-based investment firm, announced the final closing of Secured Capital Real Estate Partners VII(SCREP VII), its latest opportunistic Asia real estate fund,...
Macquarie acquires majority stake in Australian data centre firm
A consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2), a Macquarie Infrastructure and Real Assets (MIRA)-managed infrastructure fund, has acquired an 88 per...
