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GDS's William Huang

GIC Aims for the Cloud in China Data Centre Tie-Up with GDS   

GDS's William Huang

2019/08/14 by James Hatton Leave a Comment

GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.

Initially, the Singaporean sovereign wealth… Read More>>

GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in … Read more>>>

Tony Lombardo Lendlease

GIC, Equinix and Lendlease Announce $2B in Data Centre Ventures in Two Days

Tony Lombardo Lendlease

2019/07/02 by James Hatton Leave a Comment

Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their appeal to real estate investors in Asia Pacific again this week, with two $1 billion data centre partnerships announced in two days.

… Read More>>

Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their … Read more>>>

Li Qiang Daily-Tech

Chinese-Backed Data Centre Giant Aims for HK IPO at £9B Valuation

Li Qiang Daily-Tech

2019/01/15 by Jan Kot Leave a Comment

Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is preparing for a stock market listing in Hong Kong later this year that could value it at more than £9… Read More>>

Just over two years after being acquired by a consortium of Chinese investors, UK data centre developer Global Switch is … Read more>>>

Mark Zuckerberg

Facebook Chooses Singapore for $1B Data Centre

Mark Zuckerberg

2018/09/09 by Jan Kot Leave a Comment

Facebook has chosen Singapore as the site of its first billion-dollar data center in Asia. The region is home to the tech giant’s fastest growing market and hosts 40 percent of Facebook’s 2.23 billion monthly active users.

“We selected Singapore… Read More>>

Facebook has chosen Singapore as the site of its first billion-dollar data center in Asia. The region is home to the … Read more>>>

cs logistics centre Kwai Chung

HK Industrial Project Sells for $98M on Way to Becoming Data Centre

cs logistics centre Kwai Chung

2018/08/15 by Amie Cheng Leave a Comment

The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 square metre industrial facility at 2-16 Lam Tin Street in Kwai Chung district for HK$770 million ($98 million), according to… Read More>>

The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 … Read more>>>

Li Qiang Global Switch

Ping An, Citic Bank and AVIC Trust Join $2.8B Investment in UK Data Centre Developer

Li Qiang Global Switch

2018/07/10 by Mingtiandi Team Leave a Comment

Data centre developer Global Switch Limited announced last week that a consortium of Chinese investors including AVIC Trust and Hong Kong affiliates of China Citic Bank, Haoyue Capital and Jiangsu Sha Steel have agreed to pay £2.1 billion ($2.78 billion)… Read More>>

Data centre developer Global Switch Limited announced last week that a consortium of Chinese investors including AVIC … Read more>>>

Keppel DC REIT Buys Singapore Data Centre for $221M

2018/05/07 by Shawna Kwan Leave a Comment

Singapore-listed Keppel DC REIT has entered a deal to buy a data centre in the city-state for S$295 million ($221 million), as Singapore’s thriving market for outsourced data storage posts 13 percent annual revenue growth.

Keppel DC REIT, a dedicated… Read More>>

Singapore-listed Keppel DC REIT has entered a deal to buy a data centre in the city-state for S$295 million ($221 … Read more>>>

Christina Tan Keppel Capital

Christina Tan Takes Over as Chair of Keppel Data Centre REIT

Christina Tan Keppel Capital

2018/04/17 by Greg Isaacson Leave a Comment

The manager of Keppel DC REIT, which owns more than one million square feet of data centre space, has appointed Christina Tan as chairman of the board of directors of the Singapore-listed trust, effective Wednesday.

The new role comes in… Read More>>

The manager of Keppel DC REIT, which owns more than one million square feet of data centre space, has appointed … Read more>>>

Tom Ray EdgeCore

Singapore’s GIC Leads $800M US Data Centre Deal

Tom Ray EdgeCore

2018/02/14 by Greg Isaacson Leave a Comment

A group of investors led by Singapore’s sovereign wealth fund GIC is betting $800 million that the US will need more storage space for an exponentially growing universe of data.

GIC has teamed up with Denver-based investment firm Mount Elbert… Read More>>

A group of investors led by Singapore's sovereign wealth fund GIC is betting $800 million that the US will need more … Read more>>>

Mapletree Buys US Data Centre Portfolio for $750M

2017/10/25 by Greg Isaacson Leave a Comment

Singaporean property group Mapletree has become the latest global investor to bet on building homes for data clouds, buying a portfolio of 14 US data centres for $750 million.

A joint venture of Mapletree Investments and Mapletree Industrial Trust (MIT),… Read More>>

Singaporean property group Mapletree has become the latest global investor to bet on building homes for data clouds, … Read more>>>

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MTD TV

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

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