AA Group signs MOU with OneAsia for data centre development
The centres will be sited at an industrial-zoned plot at 60 Benoi Road
Singapore
AA Group on Monday signed a memorandum of understanding (MOU) with private company OneAsia Network to negotiate exclusively for a year towards a potential joint venture, investment or collaboration to build data centres at an industrial-zoned plot at 60 Benoi Road in Singapore.
OneAsia's director and sole shareholder is Charles Lee Chung Tak, the founder and CEO of Hong Kong-based Legan Development and its subsidiaries, including OneAsia. Legan also has offices in mainland China, Vietnam, Thailand, Malaysia and Singapore.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents