ESR-REIT
Invests in industrial properties
ESR-Logos Reit’s trustee priced subordinated perpetual securities at $150m
The net proceeds of the issuance will be used to fund the merger.
ESR-Logos Reit’s trustee priced subordinated perpetual securities at $150m
The net proceeds of the issuance will be used to fund the merger.
ESR-LOGOS REIT debuts in SGX-ST
With its entry, ARA LOGOS has been delisted from the bourse.
$38.5m allocated for build-to-suit facility redevelopment: ESR-REIT
The redevelopment is expected to be finished in two years.
ESR-REIT and ALOG unitholders approve ELOG formation
The merger will be done by way of a trust scheme arrangement.
About 99% of ESR-REIT shareholders approve ARA LOGOS merger
More than 1.2 billion voting shares decided the fate of the two companies.
ESR-REIT chief exec to serve as CEO of ESR-LOGOS REIT manager
The appointment will be official should the merger of ESR-REIT and ALOG push through.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
ESR-REIT gross revenue grows 5% for FY21
The amount available for distribution also increased 15.4% YoY to $114.4m.
ESR REIT ups offer for ALOG merger to $0.97 per unit
The revised offer will increase ALOG’s DPU accreditation to 12.8%.
ESR-REIT makes 5.3% higher offer for ARA LOGOS
The increase represented increased considerations of 2.1% in cash and 5.8% in shares.
ESR-REIT divests 28 Senoko Drive for $12m
The proceeds will go to repayments, asset enhancements, acquisitions, buy-backs.
ESR secures first sustainability-linked loan of $944m
This is a step towards ESR’s 2025 ESG roadmap.
ESR-REIT distributable income up 15.1% to $28.6m for 3Q 2021
Core DPU also grew by 1.7% y-o-y.
OCBC recommends ESR-REIT shareholders to approve ARA merger
The bank said the merger is crucial in the REIT sector.
ESR merger will boost ARA LOGOS to become ninth-biggest S-REIT
ARA LOGOS is currently on the 13th spot.
ESR-REIT and ARA LOGOS announce proposed merger
The merger will create a flagship pan-Asia logistics and high-tech S-REIT.
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