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.

Tang Organization takes over Suntec REIT manager in 100% stake deal

Acrophyte Asset Management completes the buyout of ESR Trust Management.

ESR, STACK form JV to build 72 MW data center in Kansai

Construction of the first 18 MW building has commenced.

ESR, CloudHQ forge JV to build data centre campus in Japan

The data centre will deliver 130 MW of data centre capacity over three phases.

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 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 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.