Inaugural interim dividend intended as part of FY 2022 first half earnings results HONG KONG, July 13, 2022 /PRNewswire/ The Board of ESR Group Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has approved the Company's dividend policy (the "Dividend Policy") with effect from 13 July 2022. Under the Dividend Policy, the Company proposes to commence paying a dividend in each financial year to shareholders of the Company, the amount of which will be determined by the Board after taking into account the factors set out below. In view of the Dividend Policy, the Board intends to commence paying an interim dividend for the financial year ending 31 December 2022 in August 2022 when the interim results of the Company for the six months ending 30 June 2022 are approved, and a further announcement will be made as and when such int
First real asset manager to work with Enerbank to provide environmental value to customers/ tenants with the country's authorised Green Energy Certificate system ESR's self-generated solar power from its logistics facilities is now recognised as part of the power grid in Japan to supportrenewable energy consumption TOKYO, July 8, 2022 /PRNewswire/ ESR Group Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, is the first real asset manager to partner with Enerbank, one of the major green certificate operators in Japan, to participate in the Green Energy Certificate system. Through this system, ESR's self-generated solar power energy from its logistics facilities is now recognised as a renewable power energy source that is fed into the power grid in Japan, and providing an alternative option for companies and communities in Ja
The transaction represents ESR's largest-ever sell-down of a self-developed balance sheet portfolio with the plan to recycle the capital back into new and increasingly attractive opportunities across APAC SHANGHAI and HONG KONG, July 4, 2022 /PRNewswire/ ESR Group Limited("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has entered into an agreement with a leading global institutional investor ("Investor") torecap a prime logistics and industrial portfolio (total GFA of over 873,000 sqm) from ESR's balance sheet. The transaction represents the largest self-developed[1]balance sheet sell-down for ESR to date, reinforcing the Group's capital recycling strategy and asset-light approach. The portfolio, currently 98% occupied, consists of nine completed logistics and industrial assets with a total GFA of over 873,000 sqm, spann
Cementing ESR's leadership as the largest logistics owner in the country SEOUL, South Korea, June 27, 2022 /PRNewswire/ ESR Group Limited("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that ESR-Kendall Square, ESR's South Korean platform, has completed a total of 520,000 sqmof Class A logistics, 100% pre-leased warehouse space, in Korea during the first half of 2022. The newly completed space with seven warehouses, primely located across the Greater Seoul Metropolitan area, has been 100% pre-leased to reputable tenants including one of the largest e-commerce companies in Korea, the logistics arm of a major global electronics manufacturer, a global courier service company, a major international logistics service provider and other leading customers. The newly completed properties further strengthened ESR's dominance in Gwangju City, the most supply-constrained logistics real
Setting a new benchmark for modern, resilient and sustainable New Economy real estate Upon completion of the four-phase logistics park in Greater Tokyo, the asset will represent the highest value logistics park in Japan with an estimated total completed value of US$2.5 billion TOKYO and HONG KONG, June 16, 2022 /PRNewswire/ ESR ("ESR" or the "Company", together with its subsidiaries the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has completed the construction of ESR Yokohama Sachiura Distribution Centre 1 ("ESR Yokohama Sachiura DC 1" or "DC 1") in Greater Tokyo, which forms the first phase of the master-planned ESR Yokohama Sachiura Logistics Park. ESR Yokohama Sachiura Logistics Park, a multi-phase development that provides approximately 720,000 sqm logistics space over four phases, is set to be the largest logistics park (by value) in Japan and one of the largest ever develope