ESR-REIT Sells Eight Singapore Assets for S$338.1 Million

Reuters
2025.12.15 02:51
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ESR-REIT has announced the divestment of eight non-core Singapore assets for S$338.1 million, a 2.0% premium to independent valuation. This move is part of its strategy to rejuvenate its portfolio, reduce exposure to short land leases, and strengthen its balance sheet for future investments.