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27.05.26 - 18:33
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Cushman & Wakefield Appoints Leon Ikeda as Head of Advisory & Transactions, Asia Pacific, Data Center Group (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#CRE--Cushman & Wakefield has appointed Leon Ikeda as Head of Advisory & Transactions, Asia Pacific, Data Center Group, strengthening the firm's leadership across one of the most critical growth sectors in commercial real estate and digital infrastructure. His appointment is effective May 2026.
Based in Singapore, Leon leads strategic advisory and transaction execution for data center operators, investors and hyperscale clients across Asia Pacific. Reporting to Andrew Green, Head of Data Center Group, Asia Pacific, he works closely with regional and global teams to support capital deployment, platform expansion and strategic partnerships as data center demand continues to accelerate across the region.
In his role, Leon will deliver advisory‑led solutions across acquisitions, divestments, portfolio strategies and partnerships within the rapidly expanding digital infrastructure ecosystem.
Andrew said, “The data center sector is evolving at unprecedented speed, driven by cloud...
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27.05.26 - 11:30
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HK Home: URA Receives 27 EOIs for Bailey Street Project (AAStocks)
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The Urban Renewal Authority (URA) announced that it has received a total of 27 Expressions of Interest (EOIs) for the development of the Bailey Street / Chi Kiang Street Project in Kowloon. CHINACHEM GROUP, CITIC (00267.HK)'s subsidiary CITIC Pacific Properties, CHINA OVERSEAS (00688.HK) and GREAT EAGLE H (00041.HK) submitte......
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27.05.26 - 05:45
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NEW WORLD DEV Said to Negotiate Sale of Central Commercial Site for HKD1B (AAStocks)
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NEW WORLD DEV (00017.HK) is negotiating the sale of a commercial site in Central, with a proposed price of HKD1 billion, Hong Kong Economic Times reported, citing people familiar with the matter. The property is located at 9-19 Lyndhurst Terrace and has a site area of approximately 4,450 square feet. It can be redeveloped into a......
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26.05.26 - 14:33
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ePlus Launches Private AI Infrastructure Managed Service (PR Newswire)
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Offering combines ePlus' deep AI infrastructure and lifecycle services expertise, Digital Realty's PlatformDIGITAL® and systems from Lenovo and NVIDIA HERNDON, VA, May 26, 2026 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has launched Private AI......
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26.05.26 - 06:00
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CHINA VANKE Reportedly Seeks Extension Again for Two RMB Bonds (AAStocks)
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According to Bloomberg, citing sources, CHINA VANKE (02202.HK) has proposed extending part of the maturities of two RMB-denominated bonds by one year, while repaying 40% of the principal upfront. The terms will be consistent with the recent extension plans for the companys other bonds.The report stated that the bonds involved in......
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24.05.26 - 15:21
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With Commercial Real Estate Still Challenging, Lenders Offload Troubled Loans At A Loss (ZeroHedge)
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With Commercial Real Estate Still Challenging, Lenders Offload Troubled Loans At A Loss
Authored by Mary Prenon via The Epoch Times (emphasis ours),
While leasing activity and vacancy trends suggest the U.S. commercial real estate market is stabilizing, office values are still well below post-pandemic peaks, recent reports show.
The San Francisco skyline on Jan. 20, 2023. Patrick T. Fallon/AFP via Getty Images
As owners scramble to make payments on under-occupied office buildings, many lenders are reluctant to foreclose to avoid the headache of taking ownership and reselling the properties, according to David Marino, cofounder of Hughes Marino, a San Diego-based corporate real estate advisory firm.
According to Cushman and Wakefield, a global commercial real estate services company, national office sublease inventory in the first quarter declined by 13.6 percent year over year, to 101 million square feet, while vacancy may have peaked. Sublease space peaked in January 2023, at 189 million squa...
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23.05.26 - 11:48
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SHKP sells out latest flats in Tsuen Wan as Hong Kong property market continues recovery (SCMP)
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Hong Kong developers sold most of the more than 120 new flats made available to homebuyers on Saturday as the local residential market continues its recovery on the back of improving China–US relations and talent flows into the city.
By 12.30pm Saturday, Sun Hung Kai Properties (SHKP) had sold all 87 units on offer at the Lime Spark project in Tsuen Wan in the New Territories, with one buyer spending more than HK$40 million (US$5.1 million) to purchase six two‑bedroom units, according to Midland......
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22.05.26 - 10:15
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Xiaomi YU7 GT Added to Collection of Beijing Auto Museum (AAStocks)
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Xiaomi Auto announced that the Xiaomi YU7 GT made official foray into the Beijing Auto Museum as a permanent collection.Separately, Xiaomi Auto's full product lineup will be showcased at the 2026 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show. The company will highlight two new models from the YU7 family - the YU7 Stan......
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22.05.26 - 01:00
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AI boom fuels US$11.6b data centre investment in Asia-Pacific as Hong Kong eyes niche role (SCMP)
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The artificial intelligence boom is partially spurring investment in Asia-Pacific's data centre properties with a record US$11.6 billion worth of capital poured into the segment in 2025, according to CBRE.
In Hong Kong, while AI-related demand is unlikely to be met because of technical limitations, leasing of data centre space was supported by “hyperscale CSPs (cloud service providers), mainland Chinese technology and e-commerce companies and financial institutions”, the property consultancy......
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21.05.26 - 20:51
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Cushman & Wakefield Arranges $74.1 Million Financing for Bank of Italy Office-to-Residential Conversion in Downtown San Jose (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#CRE--Cushman & Wakefield (NYSE: CWK), a global real estate services firm, announced that it has arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12 South 1st Street in downtown San Jose, California. The financing was provided by Deutsche Bank.
The project involves the adaptive reuse of the iconic Bank of Italy building, transforming the 13-story historic office tower into a mixed-use residential and retail asset. Originally constructed in 1926, the property will be converted into approximately 126,000 square feet of multifamily and commercial space, providing 109 market-rate residential units.
Cushman & Wakefield's Equity, Debt & Structured Finance team, including Dave Karson, Chris Moyer, Alex Lapidus and Chris Meloni, arranged the financing on behalf of the borrowers.
“This transaction highlights the growing momentum behind office-to-residential conversions as cities look...
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