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Corporate Milestones

With its dedicated focus on APAC, ESR has rapidly developed into a leading logistics real estate platform.

  • Acquired 100% stake in Propertylink Group

  • Made a strategic investment in the Hong Kong-listed China Logistics Property Holdings, the third largest logistics real estate player in the PRC

    Established our first South Korea core fund

    Acquired the entire equity interest in Commercial & Industrial Property Pty Ltd (CIP), a leading property development group in Australia

    In October, ESR-REIT merged with Viva Industrial Trust (VIT), marking the first merger of REITs listed on the Singapore Exchange

    Established our first Japan core logistics fund, under which we subsequently formed a new core joint venture in December with AXA Investment Managers – Real Assets and a major sovereign wealth fund

    Partnered with New China Life Insurance Company Ltd. and established the NCI Core Fund

    Established our first logistics and industrial fund in India with a global real estate investor based in Germany

  • Established our first PRC core fund to focus on investing in mature income-yielding logistics properties in the PRC

    Expanded into the Singapore market and obtained control of the ESR-REIT manager and subsequently became the second largest unitholder of ESR-REIT

    Expanded into the Indian market and established an experienced local management team

    Expanded into Australia by becoming the largest securityholder of Centuria Capital Group (an ASX-listed property funds manager); and making an equity investment in Propertylink Group (a real estate group specialising in Australian industrial and office investments, listed on ASX) and became its single largest securityholder

  • In January, e-Shang and Redwood merged to form ESR

    Launched ESR’s first post-merger development fund in Japan

  • e-Shang formed a Korea logistics development fund

  • e-Shang formed a PRC logistics development fund

    e-Shang expanded into South Korea

  • Redwood formed its first Japan logistics development fund

  • Redwood formed its first PRC logistics development fund

  • Warburg Pincus co-founded e-Shang with Jeffrey Shen

  • Charles de Portes and Stuart Gibson founded the Redwood group to invest in modern logistics facilities in Asia