Equity Real Estate Investment Trusts (REITs)

ESR-REIT

ESR-LOGOS REIT released FY2023 H1 earnings on July 30 (SGT), actual revenue SGD 198.8M (forecast SGD 184.6M), actual EPS -0.0043

ESR-LOGOS REIT released FY2023 Cumulative 3Q Earnings on July 30, 2024 (SGT) with Revenue of SGD 294.51M and EPS of -0.0078

ESR-LOGOS REIT released FY2023 Q2 earnings on July 30 (SGT) with revenue of SGD 99.4M and EPS of -0.0021

ESR-LOGOS REIT released FY2023 Q3 earnings on July 30 (SGT) with revenue of SGD 95.71M and EPS of -0.0035

ESR-LOGOS REIT released FY2024 Q2 earnings on July 30 (SGT), with actual revenue of SGD 91.44M and EPS of -0.0015

ESR-LOGOS REIT released FY2023 Q1 earnings on July 30, 2024 (SGT), with actual revenue of SGD 99.4M and EPS of -0.0021

ESR-LOGOS REIT released FY2024 Q1 earnings on July 30 (SGT) with revenue of SGD 91.44M and EPS of -0.0015

ESR-LOGOS REIT released FY2024 H1 earnings on July 30 (SGT) with revenue of SGD 182.88M and EPS of -0.003

ESR-LOGOS REIT released FY2023 Q4 earnings on April 8, 2024 (SGT), with actual revenue of SGD 95.71M and EPS of -0.0035

ESR-LOGOS REIT released FY2022 Annual Earnings on April 8, 2024 (SGT), Actual Revenue 348.58M SGD (Forecast 343.66M SGD), Actual EPS -0.0497

ESR-LOGOS REIT released FY2022 Q4 earnings on April 8, 2024 (SGT) with actual revenue of SGD 98.89M and EPS of 0.0044

ESR-LOGOS REIT released FY2023 Annual Earnings on April 8, 2024 (SGT), with actual revenue of SGD 390.23M and EPS of -0.0114

ESR-LOGOS REIT released FY2022 Q3 earnings on April 8, 2024 (SGT) with actual revenue of SGD 98.89M and EPS of 0.0044

SingtelMBeCW260730

Geely MB ePW261005

Autagco

Asian Micro

HSI 28000MBePW260629

Teho

Acesian Partners

NKY 55000MBePW260911

NKY 52000MBePW260612

Landmark REIT

9A4U

X1SU

J91U

Starwood Capital Group CEO Barry Sternlicht announced the company's global expansion in data centers, investing over the past five years in markets across the US, Europe, and Asia. Notably, Starwood acquired a majority stake in Ireland's largest data center operator and a controlling interest in ESR in Asia, enhancing its presence in South Korea, Japan, India, and Australia. Sternlicht highlighted consistent data center economics globally and expressed concerns about wealth disparity in the US, prompting a shift towards Sunbelt states for investment.

Businesstimes News

ESR REIT

Starwood Property Trust

WARBURG PINCUS CAPITAL CORP I A C/WTS 09/03/2028 (TO PUR COM)

WARBURG PINCUS CAP CORP I B C/WTS 09/03/2028 (TO PUR COM)

Brookfield Asset

Marriott Intl New

Starwood CEO Sternlicht expands data centre footprint globally

ESR Group, in collaboration with two large insurance groups in China, has established a yield fund with a total investment scale of 1.6 billion RMB (nearly 300 million SGD), focusing on logistics and industrial real estate. The fund's seed projects include two multi-story logistics and industrial real estate properties located in Shanghai and Suzhou, with a total floor area of 320,000 square meters. ESR will retain a minority stake and be responsible for fund and real estate management to ensure operational professionalism. The co-founder of ESR stated that this transaction reflects long-term confidence in high-quality real estate in China

Zaobao

Keppel Reit

Keppel

ESR and two Chinese insurance groups establish a real estate income fund with a total investment scale of nearly 300 million yuan | Lianhe Zaobao

ESR Group has secured a USD 850 million (approximately SGD 1.143 billion) equity investment aimed at accelerating long-term growth and strengthening its balance sheet. The funds will primarily be used for growth plans in logistics real estate and data centers. ESR President Pierce stated that the company has entered the next phase of growth, focusing on these areas and driving continued growth in leasing and capital deployment. As global capital flows into the Asia-Pacific region, investors are increasingly favoring management companies with a strong local market foundation

ESR received a capital injection of 1.143 billion yuan for the growth of logistics real estate and data centers | Lianhe Zaobao

T82U

Hongkong Land Holdings, controlled by the Keswick family, has acquired a 10.8% stake in Suntec Real Estate Investment Trust for SGD541 million ($422 million) from ESR Group. This move aims to diversify earnings through prime commercial assets in Singapore, reflecting confidence in the local property market despite geopolitical risks. Analysts note strong investor appetite for Singapore's commercial real estate, with investment volumes rising significantly. Hongkong Land, managing over $50 billion in assets, continues to seek opportunities in Asian gateway cities, emphasizing its strategic focus on income-generating properties.

vnexpress

HongkongLand USD

Suntec Reit

Hong Kong billionaire clan Keswick bet on Singapore property boom with $422M stake acquisition

Acrophyte Asset Management, controlled by wealthy businessman Tang Yigang, has obtained approval from the Financial Management Bureau to acquire 100% of the equity of ESR Group's New Daxin Trust Management Company, expected to be completed on March 17. The acquisition involves HKD 190 million, with Acrophyte reaching an agreement with ESR Trust Management on December 16, 2025. Tang Yigang and his affiliates hold approximately 35.7% of the equity in New Daxin Trust, while ESR Group holds about 10.8% of the equity

The Monetary Authority of Hong Kong approves Acrophyte, owned by Tang Yigang, to acquire New Trust Management Company | Lianhe Zaobao

Gordon Tang's Acrophyte Asset Management has received approval from the Monetary Authority of Singapore to acquire ESR Trust Management (Suntec) for S$190 million. The acquisition is expected to be completed by March 17. Tang, who owns a 35.7% stake in Suntec Reit, previously attempted to acquire the Reit in 2024 but was unsuccessful. Following the announcement, Suntec Reit units fell by 2.2% to S$1.33.

Acro HTrust USD

MAS greenlights bid by Gordon Tang’s Acrophyte to acquire Suntec Reit manager for S$190 million

ESR-REIT(X1SU.SG)

Starwood CEO Sternlicht expands data centre footprint globally

ESR and two Chinese insurance groups establish a real estate income fund with a total investment scale of nearly 300 million yuan | Lianhe Zaobao

ESR received a capital injection of 1.143 billion yuan for the growth of logistics real estate and data centers | Lianhe Zaobao

Hong Kong billionaire clan Keswick bet on Singapore property boom with $422M stake acquisition

The Monetary Authority of Hong Kong approves Acrophyte, owned by Tang Yigang, to acquire New Trust Management Company | Lianhe Zaobao

MAS greenlights bid by Gordon Tang’s Acrophyte to acquire Suntec Reit manager for S$190 million