ESR-LOGOS REIT debuts in SGX-ST

With its entry, ARA LOGOS has been delisted from the bourse.

ESR-LOGOS REIT (E-LOG), the merged entity of ESR-REIT and ARA LOGOS Logistics Trust, has made its debut in the Singapore Exchange Securities Trading Limited (SGX-ST) on 5 May.

With its entry, ARA LOGOS Logistics Trust has been delisted from the bourse.

E-LOG was previously named ESR-REIT. The name change was done to reflect its status as a flagship S-REIT of ESR Cayman Limited, its sponsor.

Apart from benefitting from the combined strength and expertise of ESR and the LOGOS Group, the REIT also has an access to its backer's  New Economy Portfolio of assets of over $81.1b (US$59b).

ESR has assembled a strong development work-in-progress (“WIP”) pipeline of $14.4b (US$10.5b), which is the largest in APAC. 

"An initial pipeline of approximately US$2 billion of visible and executable APAC New Economy assets available from the Sponsor will accelerate E-LOG's growth as a leading Future-Ready APAC S-REIT," the REIT said.

1 SGD  = 0.73 USD