Staff reporter at The Rent and Yield, covering Real Estate Investing.
Singapore's DayOne Data Centers has confidentially filed for a $5 billion US initial public offering, while CapitaLand Investment lists a $467 million Shanghai REIT and Growthpoint Properties Australia sells a Perth Airport warehouse to Hesperia for $189 million.
Gaw Capital Partners and Hong Kong's TVB are planning to develop an AI hub in the Sai Kung district through a joint venture.
Centurion Corporation, a Singapore-listed accommodation specialist, has reported a 31 percent year-on-year rise in revenue to S$184.9 million for the six months to June, driven by new worker beds and acquisitions in Singapore and Malaysia.
Singapore's UOL Group leads the Asia Pacific real estate headlines with a 23% surge in first-half profit. Other notable developments include ESR and Indonesia's INA breaking ground on Jakarta logistics facilities, and South Korea's IGIS buying a Tokyo tower with Taiwan's APlus.
Digital Core REIT, a Singapore-listed data centre trust, has announced a strategic portfolio reshuffle, selling three North American assets to its sponsor, Digital Realty, for $316 million. The proceeds will fund partial ownership in a Singapore data centre and an increased stake in an Osaka facility, aiming to strengthen its Asian presence and improve financial metrics.
Warburg Pincus and Kio Investment Management are expanding their rental residential partnership to include purpose-built student accommodation, aiming to develop a $1.78 billion portfolio in Australia. The venture, seeded with a recently acquired Melbourne property, reflects growing demand for institutional rental housing in key cities.
Singapore's sovereign wealth fund GIC is reportedly funding Investa's purchase of a $318 million Sydney office tower, marking a return to the city's office sector for the fund.
Senior executives from Investa and Charter Hall will be speaking at the upcoming Mingtiandi Australia Forum in Sydney on 15 September.
Singapore's City Developments Ltd (CDL) has reported a significant increase in profit for the first half of 2026, driven by the completion of several projects including the Lumina Grand executive condominium.
Singapore's CapitaLand Investment has earmarked S$7 billion to S$9 billion in non-core and legacy assets for potential sale after first-half attributable profit jumped 14 percent.