ESR Cayman

ESR-REIT eyes acquisitions overseas, AEIs at home - THE EDGE SINGAPORE

ESR-REIT eyes acquisitions overseas, AEIs at home

During a results briefing in January 2021, Adrian Chui, CEO of ESR-REIT’s manager, shared the REIT’s organic and inorganic road maps.

REITs

ESR-REIT refinances $320 million, lowering financing cost, readies for acquisitions from parent

On Jan 29, ESR-REIT’s manager announced it had signed a commitment letter for $320.0 million new loan facilities on an unsecured basis, with The Hongkong and Shanghai Banking Corporation, Malayan B

ESR-REIT likely to look overseas for growth following FY2020 DPU decline  - THE EDGE SINGAPORE

REITs

ESR-REIT likely to look overseas for growth following FY2020 DPU decline

In a results briefing on Jan 20, Adrian Chui, CEO of ESR-REIT’s manager says that he plans to look overseas for growth some time this year.

No merger for Sabana REIT with ESR-REIT - THE EDGE SINGAPORE

REITs

No merger for Sabana REIT with ESR-REIT

On Dec 4, Sabana Shariah Compliant Industrial REIT announced that less than 75% of votes were cast in favour of the Sabana Trust Deed Amendments Resolution, hence the resolution to amend the trust

REITs

Quarz Capital and other Sabana REIT unitholders pen letter to MAS, SGX RegCo on 'severe conflict of interest issues' related to merger with ESR-REIT

Activist investor Quarz Capital, Black Crane, and over 50 unitholders of Sabana Shariah Compliant Industrial REIT (Sabana REIT) have, on August 17, written to the Monetary Authority of Singapore (M

Broker's Calls

Diversified tenant base, supportive sponsor to help ESR-REIT tide over market sell-off

SINGAPORE (Mar 19): ESR REIT has been a victim of the global REIT sell-off, with its share price plunging some 56% since the beginning of the Covid-19 outbreak on Jan 24. 

Activist investment

Sabana REIT's untapped GFA could raise NAV as New Tech Park undergoes AEI

SINGAPORE (Nov 18): Sabana Shari’ah Compliant Industrial Real Estate Investment Trust’s distributions per unit in 3QFY2019 rose 1.3% y-o-y to 0.78 cent.

Activist investment

Hedge fund manager writes open letter to ESR

SINGAPORE (Nov 14): Quarz Capital Management has written an open letter to ESR Cayman, the manager and major unitholder of Sabana Shariah Compliant Industrial Real Estate Investment Trust asking th

Warburg-backed ESR, holders seek up to $1.24 bil in HK IPO

Property

Warburg-backed ESR, holders seek up to $1.24 bil in HK IPO

(June 5): ESR Cayman, a logistics real estate developer, is seeking to raise as much as US$1.24 billion ($1.7 billion) in a Hong Kong initial public offering.

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