The macro forces rocking the global economy are similarly at play in Singapore, but the city-state remains a beacon of opportunity for fund managers and real estate investors, Jeffrey Perlman said Tuesday… Read More>>
Warburg Pincus has led a $250 million investment backing a pipeline of projects being developed by Vietnam’s Novaland, cementing its reputation as the largest private equity investor in the fast-growing Southeast Asian nation
In an an announcement to the Ho… Read More>>
ESR is planning to set up more real estate investment trusts and grow its data centre business after notching a record year in 2021, according to its chairman, Jeffrey Perlman.
The Hong Kong-listed fund management giant saw its assets under… Read More>>
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics giant’s shareholders overwhelmingly approved the deal.
The enlarged ESR Group, which also encompasses ARA subsidiary Logos, now stands as… Read More>>
Just one year after kicking off fundraising for its first-ever strategy dedicated to Asian property investments, Warburg Pincus has surpassed its initial target by more than 86 percent to reach a final closing on $2.8 billion in equity for Warburg… Read More>>
ESR is proposing to convert its first Hong Kong industrial asset into a 40MW data centre, about six months after acquiring Brilliant Cold Storage Tower 2 from the family of the late local tycoon Tang Shing Bor for $230.8 million.
Hong Kong-listed ESR announced Wednesday that its shareholders had approved the logistics giant’s $5.2 billion proposed acquisition of ARA Asset Management.
At an extraordinary general meeting earlier that day, 91.81 percent of votes cast were in favour of purchasing 100… Read More>>
ESR on Friday reported that its revenues grew nearly 25 percent in the first half of 2021, at the same time that its assets under management shot up 36.9 percent to an all-time high of $36.3 billion, putting an exclamation… Read More>>
Hong Kong-listed ESR is about to become the largest real estate fund manager in Asia Pacific as the industrial real estate specialist today announced an agreement to acquire ARA Asset Management for $5.2 billion.
ESR together with ARA announced the… Read More>>
Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial public offering that helped the warehouse specialist and fund manager raise $650 million.
Following the Wednesday trading debut at KRW 5,000… Read More>>