Real Estate & Infrastructure

Auckland mayor pushes for sale of stake in NZ’s largest airport

The airport, New Zealand’s largest, has a market value of about NZ$13 billion ($8.25 billion)

ESR’s bump from the fourth rank to the top was driven by its M&A growth

The fund has a minimum fundraising target of $100 million.

Singapore’s Mapletree Industrial Trust is acquiring a 10-megawatt data centre in Osaka for $370 million.

Keppel said the joint strategic acquisition is in line with its asset-light business model.

The IPO raised $210.2 million but shares of the construction services firm plunged as much as 29% in early trade.

Link REIT, valued at over $16b, holds over 60% of Hong Kong’s REIT market.

ESR Thailand has established a partnership with the local developer Asia Industrial Estate.

The investment will fund solar projects across India and SE Asia.

The company is injecting 2 billion ringgit ($450 million) into the first phase.