ESR Shareholders Approve Privatisation Proposal

HONG KONG, 13 June 2025 – ESR Group Limited (“ESR” or the “Company), a leading Asia-Pacific real asset owner and manager focused on logistics, data centres, and infrastructure, announced that its shareholders have approved the proposed privatisation of the Company by way of a Scheme of Arrangement (“Scheme”) at the Extraordinary General Meeting (“EGM”) held earlier today.

Under the proposal, the Company would be acquired by a Consortium comprising Starwood Capital Group, SSW Partners, Sixth Street, Warburg Pincus, Qatar Investment Authority, and ESR’s founders (the “Consortium”).

The Scheme received significant shareholder support, exceeding the requisite shareholder approval thresholds:

• Over 99.97% of the votes cast by disinterested shareholders in person or by proxy at the Court Meeting were in favour of the Scheme.
• All resolutions in relation to the Scheme were approved by shareholders at the EGM. 

In a joint statement, Stuart Gibson and Jeffrey Shen, ESR Group Co-founders and Co-CEOs, said, “We are pleased with the approval of the privatisation proposal and deeply grateful to our shareholders for their continued support. This marks an important milestone in ESR’s journey. As a private company, ESR will be better positioned to focus on its long-term strategic transformation and value creation for all stakeholders.” 

Following this shareholder approval, ESR expects its listing on the Main Board of the Hong Kong Stock Exchange (Stock Code: 1821) to be withdrawn effective 4:00p.m. HKT on 3 July 2025.