Fund size: +/- $2bn
Description: ESR is a leading pan-Asia logistics real estate developer, owner and operator focused on the key metropolitan areas most closely tied with consumption and global trade. Backed by some of the world’s preeminent investors including APG, War- burg Pincus, PGGM, CPPIB, Ping An and Morgan Stanley, Their platform represents one of the largest in the region managing 7.3 million square metres of projects owned and under development across China, Japan, Singapore and South Korea, and capital and funds management of ces in Hong Kong and Singapore. ESR is one Asia’s largest third-party landlords for some of the world’s top e-commerce companies as well as for cold-chain logistics.
Investments/Focus Areas: ESR-REIT’s objective is to invest directly or indirectly in income-producing real estate and real estate related assets used mainly for industrial and warehousing purposes. It seeks to provide Unitholders with a competitive rate of return on their investments by ensuring stable, regular distributions and long-term growth in both distributions and net asset value per unit. This involves sourcing and acquiring value-enhancing assets in Asia, with an initial focus on properties in Singapore.