What could be expected from the ESR-ARA combination?

During an analyst and investor briefing on Aug 20, ESR Cayman’s management received a few questions on its plans for ARA Asset Management’s REITs, given that not all the latter’s businesses provided synergies.

Indeed, during an interview with The Edge Singapore, and also in various briefings, ESR Cayman chairman Jeffrey Perlman articulated that Logos is the jewel in ARA’s crown. With Logos, ESR Cayman’s development work in progress doubles to US$10 billion ($13.5 billion).