ESR Group Limited
ESR is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally.
See below for the Latest ESR Group Limited News, Analysis, Profit Results, Share Price Information, and Commentary.
ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
The wealth fund’s owned company holds 127.3 million shares in the ESR Group.
ESR fully leases Phase 1 of Suvarnabhumi industrial park
Phase 1 measures 363,000 square metres.
ESR Group names Brett Krause interim board chairman
The group aims to appoint a new chairman by Q1 2025.
ESR completes first phase of US$2b data centre project in Nanko Kita
The first phase will provide 25MW of data centre capacity.
ESR Group plunges into US$57.9m loss in H1
The group attributed the loss to non-cash adjustments.
ESR secures CSRC approval for China logistics REIT
The initial portfolio includes three logistics assets in Kunshan, Jiangsu Province.
ESR Group receives no objection letter from Shanghai Stock Exchange for logistics REIT spin-off
The CSRC has also approved the registration of the REIT.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.
ESR revenue climbs 6% YoY in FY2023
The company’s EBITDA experienced a decline due to fair value losses and rising interest costs.
Starwood acquire 10.7% stake at ESR Group
ESR Group has $156b worth of assets under management.
ESR divests ARA Private Funds for $359m
The divestment of ARA private funds is part of ESR’s divestment lineup worth $998m.
ESR-LOGOS REIT divests 2 Tuas South Avenue 2 for $53m
It will use net proceeds from the divestment to repay outstanding borrowings, amongst others.
Cindy Teo is Prime US Reit’s new CFO
She previously had top posts in LOGOS and OUE Hospitality Reit.
DSV and LOGOS launch new built-to-suit warehouse in Tukang Innovation Drive
The firm will invest $200m into the 720,000-square-feet facility.
ESR-LOGOS Funds Management’s non-executive director steps down
Jeffrey David Perlman is promoted at Warburg Pincus.
ESR Group Limited reports 14% increase in EBITDA fund management
The unaudited adjusted EBITDA was US$549m.
‘Period of uncertainty’ awaits Sabana REIT unitholders after manager’s removal: ESR Group
More than half (57.5%) of unitholders voted for the removal of Sabana’s manager.
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