ESR-REIT has proposed buying ARA LOGOS Logistics Trust, or ALOG, for around S$1.4B, creating an industrial REIT with around S$5.4B in assets.
Companies in focus Wed., 12 Oct. 2021: CLI and Ascott, SGX, AIMS APAC REIT, Dragon Pacific Assets, AEM, EPF, First Resources, ESR Cayman, Sabana REIT, ARA Asset, Dasin Retail Trust, Sino-Ocean Capital, Tuan Sing, Creative and Metech.
Singapore companies which may be in focus Frii., 30 Sept. 2021: AA REIT, Olam, Keppel, ESR Cayman, ARA Asset Management, Frasers Property, Oxley, No Signboard, Dasin Retail Trust, Cosco Shipping, OxPay, AusGroup, GS and Pan Asian.
ESR Cayman reported Friday 1H21 net profit climbed 60.9% on-year to US$213.95M on growth in co-investments in funds, associates and JVs.
Singapore sovereign wealth fund GIC, ESR Cayman and a pool of Dutch pension funds have entered a deal to invest up to US$1B in China warehousing and industrial mixed-use properties.
Singapore companies which may be in focus Thursday, 5 August 2021: ARA Asset Management, Keppel, ST Engineering, Far East Orchard and Lendlease Global REIT.
Hong Kong-listed ESR Cayman has entered a deal to acquire ARA Asset Management for US$5.2 billion, the two companies said Wednesday.
Hong Kong-listed ESR Cayman has doubled the capital commitment to the ESR Japan Logistics Fund III (RJLF3) to 150 billion yen (US$1.35B).