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    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

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    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

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    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

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    Guest columnist: China cutting corners on technology – The State Journal

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    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

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EQT India Data Centre Joint Venture Raises $1.4B and More Asia Real Estate Headlines

April 29, 2024
in Technology
EQT India Data Centre Joint Venture Raises $1.4B and More Asia Real Estate Headlines
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A rendering of AdaniConneX’s data centre in Chennai

Billionaire Gautam Adani’s data centre platform leads the Mingtiandi headline roundup today with fresh financing on the order of $1.4 billion. Also making news, Swire Properties seeks $100 million for a Miami penthouse and Blackstone’s Horizon Industrial Parks announces a groundbreaking in India.

EQT India Data Centre JV Secures Up to $1.4B in Development Financing 

AdaniConneX, a joint venture of Adani Enterprises and EQT-backed data centre operator EdgeConneX, said Sunday that it has secured financing from lenders of up to $1.44 billion to build data centres.

Billionaire Gautam Adani’s Adani Enterprises Ltd is investing around $1.5 billion in its fledgling data centre business in the next three years. Read more>>

Hong Kong’s Swire Seeks $100M for Miami Penthouse

Swire Properties is seeking $100 million for the penthouse atop a 66-storey tower on Brickell Key island, as developers compete over who will smash the record for most expensive condo in Miami.

The company is marketing the penthouse, which can be split into two smaller units, as the “crown jewel” of a four-decade-long project to develop Brickell Key, a man-made island that sits right off the coast of Miami’s financial district, said Swire US president Henry Bott. Read more>>

Blackstone’s Horizon Industrial Parks Starts Project in India’s Pune 

Horizon Industrial Parks, a logistics platform owned and operated by investment giant Blackstone, has announced the groundbreaking of an industrial and warehousing logistics park in Pune’s Chakan area.

The facility spans over 100 acres (40.4 hectares) and will provide logistical solutions to e-commerce and industrial firms in the area. Its proximity to Mumbai and Pune via the Mumbai-Pune Expressway, as well as the Jawaharlal Nehru Port Trust, makes Chakan an ideal location for industrial and logistics operations. Read more>>

Ronnie Chan Hands Off Hong Kong’s Hang Lung Group to Son 

Hong Kong real estate market stalwart Ronnie Chan has stepped down as chairman of Hang Lung Group after more than three decades at the helm, passing the baton to the third generation in the family to run one of the city’s biggest commercial landlords.

Chan, 74, retired at the conclusion of the developer’s annual meeting of shareholders on Friday, according to a company filing. He will also relinquish his role as chairman and executive director of the group’s 60 percent-owned Hang Lung Properties and will be made honorary chairman. Read more>>

Van Thinh Phat Boss Appeals Death Sentence in $27B Vietnam Fraud Case

A top Vietnamese property tycoon sentenced to death in a $27 billion fraud case has launched an appeal against her conviction, state media said Friday.

Truong My Lan, chairwoman of major developer Van Thinh Phat, was found guilty this month of swindling cash from Saigon Commercial Bank over a decade. Read more>>

Chinese Developer CIFI Gets Bondholder Go-Ahead on Restructuring Plan 

Embattled Chinese developer CIFI Holdings said Monday that it has reached agreement with a key group of bondholders on a plan to restructure its offshore debt.

A key group of bondholders has agreed “in principle” on the key terms of a proposal offered by CIFI, the company said in a filing with the Hong Kong stock exchange. The group holds or controls about 43 percent in aggregate of the principal amount of CIFI’s offshore notes and bonds. Read more>>

Vanke Slams Moody’s Downgrade, Citing Shareholder Support 

China Vanke made a rare response to a Moody’s downgrade last week, citing support from financial institutions and its biggest shareholder.

Vanke said in a statement that it “firmly opposes” the decision by Moody’s, arguing that shareholder Shenzhen SOE has made material support continuously while Vanke’s property sales remain among the highest in the industry. Read more>>

London’s Canary Wharf Sees $1.5B Slashed From Property Values 

Property values in London’s Canary Wharf financial district fell by £1.2 billion ($1.5 billion) over the past year, led by a decline in the value of its office buildings, the landlord said in annual results published Thursday.

Canary Wharf Group, which is joint-owned by investors Brookfield and the Qatar Investment Authority, said in its 2023 earnings that its overall property portfolio declined in value to £6.8 billion from £8 billion. Read more>>

Tune in again soon for more real estate news and be sure to follow @Mingtiandi on X, or bookmark Mingtiandi’s LinkedIn page for headlines as they happen.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/crelist/roundup-eqt-india-data-centre-venture-raises-1-4b/

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