ESR Interim Report 2020 (EN)

Notes to Condensed Consolidated Financial Information 30 June 2020 73 NOTES TO CONDENSED CONSOLIDATED FINANCIAL INFORMATION ESR Interim Report 2020 27. EVENTS AFTER THE REPORTING DATES On 6 July 2020, the Group completed disposal of four institutional-grade logistics properties from Redwood China Logistics Fund and Redwood Phoenix China Investment Fund Pte Ltd to a newly established joint venture between ESR and Manulife, for approximately RMB1.7 billion (equivalent to US$243 million). On 6 August 2020, the Group completed disposal of ESR Kuki Distribution Centre from Redwood Japan Logistics Fund II (“RJLF II”) to a newly established joint venture between ESR and AXA Investment Managers – Real Assets, for approximately JPY39 billion (equivalent to US$368 million). 28. APPROVAL OF THE FINANCIAL INFORMATION The condensed consolidated financial information was approved and authorised for issue by the board of directors on 27 August 2020.