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 revenue climbs 6% YoY in FY2023
The company’s EBITDA experienced a decline due to fair value losses and rising interest costs.
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.
Sabana Reit unitholders vote: external manager out, internal manager in
More than 50% of votes were cast for both resolutions.
Glass Lewis urges Sabana REIT unitholders to vote against Quarz’s resolutions
The proxy adviser recognised the REIT manager's strong performance over the past 5 years.
Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns
The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.
Passing of Quarz' resolution does not result in the internalisation of Sabana REIT's management: ESR Group
Sabana REIT will hold an EGM on Quarz' two resolutions on 7 August.
Sabana Reit unitholder alerts unitholders on Quarz’s ‘inaccuracies’ in internalisation of manager
ESR Group refuted Quarz’s statement on saving fees to pay to the external manager.
High Court arranges pre-trial conference on ESR Group court application
It begins 13 July 2023 for further directions on the final hearing.
ESR Group asks High Court to declare Quarz’s requisition invalid
An application was also filed to restrain an EGM with Quarz’s requisition.
ESR Group says Quarz made sudden U-turn on intention of internalising Sabana
The firm said Quarz had no plans regarding the management of Sabana Industrial Reit.
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