ESR Cayman

ESR attempts to suspend Sabana Reit’s May 24 EGM

The meeting is to be held by Sabana’s external manager to consider resolutions raised by activist investor Quarz Capital and four other unitholders of the Reit

A two-storey warehouse in Cileungsi that is one of three logistics assets acquired by EZA Hill.

Hillhouse’s EZA Hill buys US$148 million Jakarta logistics portfolio from ESR fund

This is the real estate investment platform’s maiden acquisition in Indonesia

ESR Group aims to appoint a full-time independent chairman by the first quarter of 2025.

ESR appoints interim chairman amid search for successor

Brett Harold Krause joined the group’s board as an independent non-executive director in May 2019

ESR, a real estate investment manager, operates across markets such as South-east Asia, Japan and Australia.

ESR buys remaining 12.3% stake in Logos Property Group 

The acquisition is expected to raise ESR’s presence in key markets and broaden capital and tenant relationships

What can the new sponsor groups of these property trusts do to unlock value?

BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

ARA H-Trust and Cromwell E-Reit has new sponsor groups backing them. Senior correspondent Ben Paul explains why, and what it means for minority investors.

Cromwell E-Reit, like ARA H-Trust, owns faraway assets and is laden with debt.
MARK TO MARKET

New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Lack of upside for minorities may further erode confidence in the external-manager model, and fuel calls for manager internalisation initiatives

ESR's Cosmosquare Data Centre campus in Osaka. ESR co-founder and co-CEO Stuart Gibson says data centres are a key growth engine for the group, and its Ariake development will expand its portfolio across Japan and Asia-Pacific.

ESR eyes fourth data centre in Japan

Construction of the new data centre will start in the second quarter of 2026

ESR Group maintains that its entire episode with Quarz Capital has “resulted in a diminished value” of Sabana Reit’s unit price.

ESR says ‘amicable approach’ with Quarz is to prioritise Sabana Reit and unitholders

ESR GROUP said that its choice to “pursue an amicable approach instead of legal action” was to prioritise Sabana Industrial Real Estate Investment Trust (Sabana Reit) and its unitholders.

The ARA Private Funds business primarily comprises finite-life funds that own assets in traditional real estate sectors, including office, retail, and hospitality.

ESR Group divests ARA Private Funds business for US$270 million

ESR Group has entered into share purchase agreements to divest its ARA Private Funds (APF) business in Australia, Singapore, South Korea and the United States at an agreed enterprise value of US$270 m...