GIC and ESR establish a US$600 million Joint Venture to invest in Core Industrial and Logistics Assets in India
The new Core JV provides focused capital for investments into core industrial and logistics assets inIndia SINGAPORE, HONG KONG and MUMBAI, India, Nov. 3, 2022 /PRNewswire/ -- GIC and ESR Group Limited ("ESR"; SEHK Stock Code: 1821) announced, today, an 80:20 strategic partnership to establish a...
ESR Group achieves outstanding results in 2022 GRESB Assessment in recognition of its exemplary ESG performance
* Suntec REIT emerges as the Global Sector Leader, while Peninsula Investment Partners, Redwood Japan Logistics Fund II LP, RJLF 3 Co-Investment Platform and ESR Kendall Square Development JV II are named as Regional Sector Leaders HONG KONG, Oct. 17, 2022 /PRNewswire/ -- ESR Group Limited ("ES...
ESR raises A$540 million with the first close of ESR Australia Development Partnership II ('EADP II')
* ESR launches its A$1 billion ESR Australia Development Partnership II (EADP II), partnering with GIC, for a combined anchor close ofA$540 million. A second close is targeted in 1H 2023. * Through EADP II, ESR will create premium estates for the New Economy, with Environmental, Social and Go...
ESR Partners with GIC to Launch ESR Australia Logistics Partnership III (EALP III)
* The partnership further expands ESR Australia's core plus logistics strategy with GIC with equity commitments ofA$600 million * The launch follows the success of EALP II, now fully allocated, signalling the continued strength of the Australian logistics market and the strong track record of...
ESR records stellar financial and operational results in 1H2022[1]
* Successful acquisition and integration of ARA – ESR delivered outsized EPS [2] growth of 31.8% year-on-year * AUM increased 14% year-on-year to US$149 billion[3] supercharged by New Economy which delivered 23% growth to reachUS$67 billion[3] * Total EBITDA[2] and Core PATMI[2],[4] achieved ...
ESR and Chinachem form JV to develop prime cold storage and logistics facility in Hong Kong
* Marks ESR's first collaboration with a Hong Kong property developer and Chinachem's first logistics project * Strategic location in Kwai Chung with excellent connectivity to Hong Kong's central business districts, international airport, and border to Mainland China * Poised to fulfil the g...
ESR announces over US$1 billion first close of inaugural Data Centre Fund
* Total initial investment capacity (including leverage) of US$ 2.5 billion to supercharge ESR's digital infrastructure business across APAC * Robust development pipeline of 8 projects representing over 300 megawatts of capacity set to quickly deploy the fund * Anchor investors include some ...
ESR Board establishes Dividend Policy
Inaugural interim dividend intended as part of FY 2022 first half earnings results HONG KONG, July 13, 2022 /PRNewswire/ -- The Board of ESR Group Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by ...
ESR partners with Enerbank to provide renewable energy certificates in Japan
First real asset manager to work with Enerbank to provide environmental value to customers/ tenants with the country's authorised Green Energy Certificate system ESR's self-generated solar power from its logistics facilities is now recognised as part of the power grid inJapan to support renew...
ESR upsizes development joint venture in Korea with APG and CPP Investments by up to US$1 billion
SEOUL, South Korea and HONG KONG, July 6, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager, announced today the upsize of its second development joint venture ("ESR-KS II" or the "Joint Venture") in Korea with APG and Canada ...
ESR recaps 873,000 sqm/RMB4.9 billion (US$730 million) balance sheet portfolio in China with a leading global institutional investor to further accelerate its asset light trajectory
The transaction represents ESR's largest-ever sell-down of a self-developed balance sheet portfolio with the plan to recycle the capital back into new and increasingly attractive opportunities across APAC SHANGHAI and HONG KONG, July 4, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Compa...
ESR successfully completes 520,000 sqm of Class A, 100% pre-leased logistics warehouse space in South Korea within first half of 2022
Cementing ESR's leadership as the largest logistics owner in the country SEOUL, South Korea, June 27, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that ESR-Kendall Square, ESR's ...
ESR joins United Nations-supported Principles for Responsible Investment
HONG KONG, June 13, 2022 /PRNewswire/ -- ESR ("ESR" or the "Company", together with its subsidiaries the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has become a signatory to the United Nations-supported Principles for Responsible Investment ("PR...
ESR closes SGD300 million Sustainability-Linked Loan
Reinforcing leadership in sustainable financing with the close of the fourth SLL across the Group in six months SINGAPORE and HONG KONG, May 24, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest ...
ESR announces successful tender of its shares in CNLP delivering a HK$1.0 billion gain on the investment
Represents approximately HK$2.7 billion of gross proceeds (US$350 million) which will be recycled back into new opportunities across APAC HONG KONG, May 23, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APA...
ESR appoints Serene Nah as Independent Non-executive Director
HONG KONG, April 19, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced the appointment of Ms. Serene Nah as an Independent Non-execut...
Quarz Refutes Biased & False Allegations and Reiterates Long-Term and Full Alignment of Interest with Sabana Independent Unitholders
ALL RECIPIENTS ARE ADVISED TO READ "IMPORTANT DISCLOSURE INFORMATION" AT THE END OF THE ATTACHED LETTER SINGAPORE, April 13, 2022 /PRNewswire/ -- On April 13, 2022, Quarz Capital published a letter to its investors concerning an article "Amidst Quarz's demands, a buyer emerges for its stake in S...
ESR accelerating data centre efforts with 20MW new development in West Tokyo
* Located in one of Tokyo's most established data centre clusters * Excellent connectivity to city-wide fibre networks * Ready for service in September 2025 TOKYO and HONG KONG, April 5, 2022 /PRNewswire/ --ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Gr...
ESR partners with PGIM Real Estate in BTS redevelopment to build 64,490 sqm logistics facility for POKKA in Singapore
* POKKA has signed a 10-year lease to commit a minimum of 70% of the building space * US$100 million investment in partnership with PGIM Real Estate, representing ESR's first joint venture with the global asset manager SINGAPORE andHONG KONG, April 1, 2022 /PRNewswire/ -- ESR Cayman Limited (...
ESR delivers strong FY2021 results with record achievements
FY2021 highlights * AUM hit a record high of US$39.4 billion, up 32% year-on-year ("y-o-y") * Achieved record capital raising of US$5.8 billion with 9 new/upsized funds and mandates, representing 64.3% y-o-y growth * Achieved record (i) development starts worth of US$3.3 billion, (ii) ...
