vnet Archives - Mingtiandi https://www.mingtiandi.com/tag/vnet/ Asia real estate and outbound investment news Tue, 21 Nov 2023 14:35:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://www.mingtiandi.com/wp-content/uploads/2018/04/logo-only-big-90x90.png vnet Archives - Mingtiandi https://www.mingtiandi.com/tag/vnet/ 32 32 State-Owned Mainland Investor Buying Control of Vnet Data Centres in $299M Deal https://www.mingtiandi.com/real-estate/data-centres/state-owned-mainland-investor-buying-control-of-vnet-data-centres-in-299m-deal/ https://www.mingtiandi.com/real-estate/data-centres/state-owned-mainland-investor-buying-control-of-vnet-data-centres-in-299m-deal/#respond Tue, 21 Nov 2023 07:56:56 +0000 https://www.mingtiandi.com/?p=364647 A state-run mainland investor is buying $299 million of new shares in Chinese data centre operator Vnet in a deal that will hand control of the Blackstone and GIC-backed company to the Shandong provincial government company.

A pair of subsidiaries... Read More>>

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https://www.mingtiandi.com/real-estate/data-centres/state-owned-mainland-investor-buying-control-of-vnet-data-centres-in-299m-deal/feed/ 0 Mingtiandi Josh Chen Sheng of VNet
Asia Real Estate People in the News 2023-07-31 https://www.mingtiandi.com/real-estate/people/people-chris-chiang-joins-aew-in-singapore/ https://www.mingtiandi.com/real-estate/people/people-chris-chiang-joins-aew-in-singapore/#respond Mon, 31 Jul 2023 03:09:30 +0000 https://www.mingtiandi.com/?p=355331 A new hire at a top US fund manager and an upgrade at one of Canada’s largest pension fund managers lead this week’s survey of personnel moves around Asia’s real estate industry, with a Beijing-based data centre operator and a... Read More>>

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Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/poly-vanke-win-shanghai-development-sites/ https://www.mingtiandi.com/real-estate/crelist/poly-vanke-win-shanghai-development-sites/#respond Mon, 24 Apr 2023 12:37:27 +0000 https://www.mingtiandi.com/?p=349291 In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial... Read More>>

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https://www.mingtiandi.com/real-estate/crelist/poly-vanke-win-shanghai-development-sites/feed/ 0 CFOTO SHANGHAI, CHINA - JANUARY 31, 2023 - View of Lujiazui in Shanghai, China, January 31, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)
Evergrande Creditors Extend Deadline on Domestic Bond and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/evergrande-creditors-extend-deadline-on-bond/ https://www.mingtiandi.com/real-estate/crelist/evergrande-creditors-extend-deadline-on-bond/#respond Sat, 15 Oct 2022 10:35:29 +0000 https://www.mingtiandi.com/?p=333782 Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the country’s biggest developer gets more time to pay debts and two of the world’s largest credit agencies withdraw ratings on seven... Read More>>

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https://www.mingtiandi.com/real-estate/crelist/evergrande-creditors-extend-deadline-on-bond/feed/ 0 Mingtiandi Xu Jiayin Evergrande
Asia Real Estate People in the News 2022-09-19 https://www.mingtiandi.com/real-estate/people/people-samuel-shen-resigns-as-vnet-ceo/ https://www.mingtiandi.com/real-estate/people/people-samuel-shen-resigns-as-vnet-ceo/#respond Mon, 19 Sep 2022 03:55:23 +0000 https://www.mingtiandi.com/?p=331863 China’s challenging real estate markets continue to generate churn this week, with one of the country’s top data centre operators announcing a change in chief executives, and a Shenzhen-based developer continuing to name new directors at some of its largest... Read More>>

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China Data Centre Founder Makes Buyout Offer and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/vnet-founder-offers-buyout-of-data-center-operator/ https://www.mingtiandi.com/real-estate/crelist/vnet-founder-offers-buyout-of-data-center-operator/#respond Sun, 18 Sep 2022 08:51:37 +0000 https://www.mingtiandi.com/?p=331862 Vnet, a mainland data centre operator backed by Blackstone has received its third buyout offer this year, with that proposal leading the region’s real estate news today. Also in the headlines, data from August shows home sales and prices continuing... Read More>>

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https://www.mingtiandi.com/real-estate/crelist/vnet-founder-offers-buyout-of-data-center-operator/feed/ 0 Mingtiandi Vnet has more than 50 data centres in 30 Chinese cities
Blackstone-Backed Chinese Data Centre Operator VNET Gets Unsolicited Buyout Offer https://www.mingtiandi.com/real-estate/data-centres/chinas-vnet-data-centres-gets-buyout-offer/ https://www.mingtiandi.com/real-estate/data-centres/chinas-vnet-data-centres-gets-buyout-offer/#respond Tue, 12 Apr 2022 14:34:37 +0000 https://www.mingtiandi.com/?p=312196 China’s VNET Group has received an unsolicited offer from two mainland companies to acquire all of the outstanding ordinary shares of the Blackstone-backed data centre developer, whose beaten-down stock exemplifies the recent woes of US-listed Chinese tech firms.

Investment manager... Read More>>

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https://www.mingtiandi.com/real-estate/data-centres/chinas-vnet-data-centres-gets-buyout-offer/feed/ 0 Mingtiandi VNET founder Josh Chen
Blackstone Doubles Down on China Data Centre Bet With $250M Investment in VNET https://www.mingtiandi.com/real-estate/data-centres/blackstone-invests-250m-in-china-data-centre-firm-vnet/ https://www.mingtiandi.com/real-estate/data-centres/blackstone-invests-250m-in-china-data-centre-firm-vnet/#respond Wed, 02 Feb 2022 10:44:37 +0000 https://www.mingtiandi.com/?p=299512 Blackstone will invest a further $250 million in Beijing-based data centre developer VNET Group, as the US private equity giant looks to jump-start a bet that has suffered in the wake of China’s crackdown on domestic firms listing on American... Read More>>

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https://www.mingtiandi.com/real-estate/data-centres/blackstone-invests-250m-in-china-data-centre-firm-vnet/feed/ 0 Mingtiandi Jasvinder Khaira of Blackstone