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Post-Viva merger, ESR-Reit focuses efforts on Singapore assets
There are no plans at the moment for asset acquisitions or overseas ventures, says CEO of its manager
Published Fri, Jan 18, 2019 · 09:50 PM
Singapore
ESR-Reit, now one of the largest industrial Reits here with S$3 billion in property value after a merger, isn't rushing into overseas markets just yet.
As it is, the Reit's already has its hands full with its 57 existing assets in Singapore - up to seven have been identified for asset enhancement initiatives over the next three years, and it might accelerate those plans if market demand calls for it.
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