ESR Group

Looking to lease space for your business? ESR is APAC’s leading provider of quality spaces across logistics and prime industrial, data centres, life sciences, and commercial assets. Find and create the ideal space to elevate your business to new heights. ✅ High-quality, purpose-built facilities with best-in-class specifications ✅ Strategic location with proximity to transportation hubs and urban centres ✅ Environments that are efficient, sustainable, and future-ready ✅ New Economy real estate powered by smart technology and green design ✅ Cost effective solutions from energy-efficient lighting to waste management strategies ✅ Human-centric design and amenities that create a comfortable and inclusive work environment ✅ Clear lease terms and flexible options so you can focus on growing your business Join the ESR community. Let our space solutions take your business to the next level. https://lnkd.in/gUcQuUAW Learn more about our business and assets: https://lnkd.in/gBVb3hGE #ESRGroup #ESR #Leasing #PropertyManagement #Investment #FundManagement #NewEconomy #Development #RealEstate #Privatefunds #REITS #Ecommerce #Digitalisation #Biopharma #Logistics #HighTechIndustrial #DataCentres #LifeSciences #Infrastruture #Renewables #ESG #SustainableFuture

ESR-LOGOS REIT is pleased to announce its 1H2024 financial results today. Highlights of 1H2024 Financial Results: ✅1H2024 Gross Revenue and NPI dipped 8.1% and 9.2% respectively due to divestment of non-core assets in FY2023 and 2Q2024, and decommissioning of 2 Fishery Port Road ✅On same-store basis, Gross Revenue and NPI grew 1.6% and 0.5% respectively ✅Strong 11.2% positive rental reversion driven by New Economy assets in Logistics and High-Specs Industrial sectors, with stable occupancy ✅Newly completed AEI at 7002 Ang Mo Kio Avenue 5 achieved c.87% occupancy ✅Low gearing of 36.5% provides significant debt headroom for growth strategy, with 75.0% of borrowings on fixed interest rates ✅No refinancing risk – all FY2024 expiring debt has been refinanced in April 2024 with E-LOG’s first sustainability linked loan facility ✅TOP obtained for built-to-suit Redevelopment at 21B Senoko Loop with 15-year master lease with built-in annual rental escalations 1H2024 DPU at 1.122 cents, a decrease of 18.6%, mainly due to the divestment of non-core assets, decommissioning of 2 Fishery Port Road and enlarged unit base from the equity fund raising in 1H2023 with proceeds pending deployment ✅Announced proposed acquisitions of +1.8% DPU accretive New Economy assets in Japan and Singapore for total acquisitions outlay of c.S$772.6 million, continuing E-LOG’s portfolio Rejuvenation and capital Recycling strategies Commenting on E-LOG’s 1H2024 performance, Mr. Adrian Chui, Chief Executive Officer and Executive Director of the Manager said, "We are pleased to announce a robust set of results that underscores the resilience of E-LOG’s portfolio amidst the challenging landscape for the REIT industry where inflation and interest rates remained elevated in the first half of FY2024. Through the successful initial execution of our “4R Strategy” in FY2023, which focused on Recycling capital and Recapitalising our balance sheet, we have optimised the performance of our existing portfolio and lowered our gearing, effectively navigating the high-interest rate and high-inflation environment. Now, with our gearing currently at 36.5%, it provides significant debt headroom as E-LOG positions itself for its next stage of growth. Our focus for the remainder of FY2024 is to continue actively managing our portfolio amidst continued geopolitical and inflation risks which continues to affect business sentiments for expansion." For more information, please refer to: https://lnkd.in/g-8dx6-D #ESRLOGOSREIT #ELOG #NewEconomy #FutureReady

ESR-LOGOS REIT is proud to announce the +1.8% DPU accretive proposed acquisitions of ESR Yatomi Kisosaki DC, a modern logistics facility located in Nagoya, Japan, as well as a 51% interest in 20 Tuas South Avenue 14, Singapore, a high-specifications manufacturing facility with newly constructed ramp-up logistics warehouses with modern specifications. Highlights of the acquisitions: ✅Proposed acquisition of 100% interest in modern logistics facility ESR Yatomi Kisosaki Distribution Centre, Nagoya, Japan, and a 51% interest in a high-specifications manufacturing facility and ramp-up logistics warehouses, 20 Tuas South Avenue 14, Singapore ✅Acquisitions expected to be 1.8% DPU accretive to Unitholders Japan and Singapore acquisitions are acquired at attractive NPI yields and at a 2.3% discount each to their respective average valuation ✅Acquisitions will increase E-LOG’s New Economy assets exposure and increase portfolio underlying land lease to mitigate land lease decay impact on valuations ✅Acquisitions further reinforce strong Sponsor support from ESR Group in providing pipeline of high-quality New Economy assets to E-LOG to establish flagship New Economy REIT ✅Total acquisition outlay of c. S$772.6 million to be funded by a mix of green debt financing and proceeds raised via a preferential offering of new units backstopped by ESR Group Commenting on the acquisitions, Mr. Adrian Chui, Chief Executive Officer and Executive Director of the Manager said, “We are pleased to announce the proposed acquisitions of ESR Kisosaki DC and 20TSA as we embark on the next phase of growth for E-LOG. These acquisitions from our Sponsor, ESR Group's asset pipeline, align seamlessly with E-LOG's “4R Strategy” and will significantly enhance E-LOG's New Economy portfolio and extend the underlying land leases to create a resilient and future-ready portfolio. By integrating these high-quality assets, E-LOG’s portfolio will increasingly pivot towards future-ready green assets, reinforcing our commitment to sustainability and long-term value. These acquisitions will improve E-LOG’s key portfolio metrics significantly and underscore our dedication to creating a resilient and future-ready green portfolio. We are confident that our “4R Strategy” will drive long-term value for our Unitholders and will continue to execute on our growth strategy effectively with the strong support from our Sponsor, ESR Group.” For more information, please refer to: https://lnkd.in/gmV5_Vas #ESRLOGOSREIT #ELOG #NewEconomy #Acquisitions #FutureReady #4R

We have achieved a significant milestone in the integration of our LOGOS business into ESR Group, having entered into agreements to acquire the remaining 13.6% interest in LOGOS held by the LOGOS founders. The combination of ESR and LOGOS creates a highly scaled platform under the ESR brand with US$156 billion of total assets under management (AUM). The full integration of the businesses cements ESR’s New Economy leadership position in APAC, with a combined US$71 billion of New Economy AUM, a US$14 billion development workbook (the largest in APAC), growing Data Centre and Infrastructure platforms, and market leading positions in all major APAC markets. Boosting our organisational strength, John Marsh, Co-Founder and Co-CEO of LOGOS, will become Chair of our Infrastructure and ANZ platforms, where he will apply his significant expertise in growing businesses to continue to contribute to ESR’s ongoing success. We take this opportunity to thank our stakeholders – partners, customers, lenders, agents, suppliers, and employees – for their support as we move forward as a unified ESR Group. Read more: https://lnkd.in/gT4QX_5g #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture

To highlight the importance of environmental protection in commemoration of World Environment Day (WED) 2024, ESR Group organised a series of environmental initiatives across its global business units. Responding to this year’s WED global call to action #GenerationRestoration to restore the Earth’s land and ecosystems, volunteers from its various offices collaborated with local partners to conduct a variety of initiatives including forest restoration, tree planting, urban farming, and city and kayak beach clean-ups. Find out more in the video! #ESRGroup #ESR #WorldEnvironmentDay #ESG #Sustainability

Presenting our inaugural ESR Data Centres Sustainability Report, with the theme “Shaping the Future of Sustainable Data Centres: Building Through Collaboration”. In collaboration with some of the world’s largest sovereign wealth and pension funds, we created one of the largest dedicated data centre investment vehicles to develop data centre projects across Asia Pacific. During 2023, we upsized our ESR Data Centre Fund 1 to a total capitalisation of US$1.35 billion. As we grow our data centre business to support the digital economy, balancing increased demand with sustainable practices is more critical than ever. The report highlights our unwavering commitment to Environmental, Social, and Governance (ESG) principles and long-term value creation for our investors, a core part of our ESR identity. Key highlights: 🔹 Built a robust three-tier ESG governance structure. 🔹 Developed a Green Data Centre Framework with pillars of Sustainable Construction, Operational Efficiency, and Low-carbon Energy. 🔹 Set ambitious renewable energy targets with an actionable roadmap to achieve 75% by 2030 and 100% by 2040. 🔹 Implemented an Environment, Health, and Safety management system aligned with ISO standards, completing over 400,000 man-hours with zero incidents. Learn more about our achievements and future goals in our ESR Data Centres Sustainability Report here: https://lnkd.in/gCM2TYpU #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #ESG #ESRDataCentres #DataCentres #GreenTech #Innovation #Collaboration #DigitalGrowth

We are proud to once again be named APAC’s largest real asset manager in the Fund Manager Survey 2024 published by ANREV, INREV and National Council of Real Estate Investment Fiduciaries (NCREIF). ESR is also ranked the 7th globally among 96 investment managers contributing to the survey. A huge thank you to our capital partners for your unwavering support which strengthens our purpose of providing Space and Investment Solutions for a Sustainable Future. Read the full report: https://lnkd.in/eCb_Ze6 #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #RealEstate #Fundraising #APAC

We are pleased to announce the appointment of Philip Pearce as ESR Group Deputy Chief Executive Officer, reporting to our Co-CEOs Stuart Gibson and Jeffrey Shen. As the current Chief Executive Officer of ESR Group’s Australia business, Mr Pearce has been instrumental in the rapid growth of ESR's leading New Economy real estate platform in Australia since its inception in 2018. Under his leadership, the platform has grown to over A$15.4bn in assets under management and a strong development pipeline of over A$8.9bn. Mr Pearce will now take on the additional ESR Group leadership role to leverage his nearly 30 years of industry experience in Asia Pacific, while continuing to lead our Australia business as CEO. He will focus on supporting ESR Group's continued growth and driving shareholder value working alongside our Co-CEOs. #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development

Our ESR Group Annual Report 2023 and ESG Report 2023 are now available!   The theme 'Strength in Unity' is embodied in ESR Group’s fully-integrated fund management and development platform across Asia Pacific. Despite a challenging macroeconomic landscape in 2023, we harnessed our collective unity and delivered on our core priorities. Through focused execution, we delivered growth in our funds management business on the back of strong operating performance, underpinned by our high-quality real assets, exceptional leasing track record and strong commitment to ESG practices. We continue to make significant progress against our targets set out under the ESG 2030 Roadmap – achieving 45.4% female representation, installing 112 MW rooftop solar power capacity, and delivering outstanding results in various globally recognised ESG benchmarks and ratings.   Enhancing investor value remains a key priority for us, and we remain positive on the demand for New Economy assets across APAC which continues to benefit from long-term structural tailwinds. We invite you to read our ESR Group Annual Report 2023: https://lnkd.in/gKyg4m2Q and our ESR Group ESG Report 2023: https://lnkd.in/gAbfbg4F. #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #ESG

Another major milestone for Australia's largest intermodal precinct for which our ESR subsidiary LOGOS is the investment and development partner!   The Prime Minister of Australia Anthony Albanese (pictured, centre) and Catherine King MP (pictured, fourth from left), Department of Infrastructure, Transport, Regional Development and Local Government today officially opened the new Interstate Rail Terminal situated at the 243-hectare Moorebank Intermodal Precinct, where LOGOS is responsible for the development of the site, including the land and warehouses. John Marsh (pictured, left-most), Co-CEO and Co-Founder, LOGOS was present for the opening celebration.   Jointly operated by National Intermodal, Qube and LOGOS, the Interstate Rail Terminal will enhance supply chain resilience, drive greater freight efficiencies between all mainland capital cities, and relieve pressure on roads and highways amid the continual increase in freight volume.   Once fully operational, the terminal will target 500,000 twenty-foot containers annually. Each train arriving at the terminal will have capacity for 1,500 tonnes of freight and can remove 100 ‘B Double’ trucks from Australia’s roads. Moorebank Intermodal Precinct was also recently shortlisted for ‘Best New Mega Development’ at the prestigious international MIPIM Awards. Find out more: https://lnkd.in/gTT94KFy #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #LOGOS #Logistics #SustainableFuture #ESG