Logistics operators based in Asia have been leasing more warehouses in the United States in response to changes in e-commerce, global trade and manufacturing. Third-party logistics firms, known as 3PLs,

Approximately $116 billion will be needed to build out the existing colocation data center pipeline across the APAC region in the next five to seven years, according to a report from Cushman & Wakefield. The current pipeline of colocation projects, either in construction or in late-stage planning, stands at 12.45GW.

The Philippines will need approximately $1.09 billion worth of capital to build data centers in the pipeline for the coming five to seven years, according to Cushman & Wakefield. In a statement, the commercial real estate services firm said this covers a development pipeline of 156 megawatts,

Cushman & Wakefield (NYSE:CWK – Free Report) had its price target cut by The Goldman Sachs Group from $14.50 to $13.00 in a report released on Friday,Benzinga reports. They currently have a sell rating on the stock.

Despite strict land and power restrictions on new data centre (DC) infrastructure, Singapore has become the fifth market in Asia Pacific (Apac) to surpass 1,000 megawatts (MW) or 1 gigawatt (GW) of operational capacity.

Rhumbline Advisers increased its position in shares of Cushman & Wakefield plc (NYSE:CWK – Free Report) by 0.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 714,630 shares of the company’s stock after buying an additional 1,

Leasing by Asia-based logistics firms more than doubled in key U.S. markets such as New Jersey and Los Angeles last year compared to 2023, according to global real estate firm Cushman & Wakefield.