Five months after receiving the go-ahead from China’s top securities regulator for its inaugural mainland-listed trust, ESR Group has launched the initial public offering for a Shanghai REIT listing that could raise as much as RMB 2.6 billion ($354 million).
ESR China REIT Secures First Cornerstone Investor, Targets February Listing
Hong Kong-listed industrial heavyweight ESR has secured one of China’s top securities firms as the initial cornerstone investor for its inaugural mainland China REIT, with the company targeting a February listing for the logistics asset portfolio.
The registration and listing… Read More>>
ESR Names Chang Rui Hua Head of Hong Kong, Tan Now Investor Relations Head
New economy real estate developer and fund manager ESR has appointed new leadership for its Hong Kong business by naming company veteran Chang Rui Hua to a top post in the city from her former role as group head of… Read More>>
Logistics Developer ESR Names New Group Managing Director
Less than two months after postponing a Hong Kong IPO expected to raise up to $1.24 billion, Warburg Pincus-backed warehouse developer ESR has made a new hire for its capital markets team in an effort to support the company’s long-term… Read More>>