ESR Group completes ARA acquisition, identifies growth path

Goola Warden
Goola Warden1/20/2022 6:32 PM GMT+08  • 4 min read
ESR Group completes ARA acquisition, identifies growth path
ESR completes ARA acquisition, readies itself for growth in new economy assets, and reiterates support for its REITs.
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ESR Cayman completed of its acquisition of ARA Asset Management, including its subsidiary LOGOS on Jan 20. The US$5.2 billion transaction is likely to transform the ESR group into Asia Pacific's top real asset manager powered by the New Economy and the third-largest listed real estate investment manager globally with a gross AUM of US$140 billion.

“We are excited to bring together the best-in-class platforms of ESR, ARA and LOGOS to form APAC’s largest real asset manager powered by the New Economy," says chairman Jeffrey Perlman.

"On the back of the accelerating advancement, broad-based adoption and high-frequency usage of technology, we are witnessing a once-in-a-multi generation change in real estate and our vision is to deliver a fully integrated solution to leading global capital partners and customers.

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