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ESR Australia expands logistics strategy, launches $444m EALP II


ESR Australia expands logistics strategy, launches $444m EALP II
View of Melbourne, Australia at night
July 30, 2021
Industrial real estate platform ESR Australia is expanding its core plus logistics strategy in the country by committing A$600 million ($444 million) into the newly-launched ESR Australia Logistics Partnerships II (EALP II).
The firm said EALP II is an extension of the successful EALP I, whose initial A$600 million equity commitment is nearly fully utilised.
EALP’s portfolio currently comprises 33 income-producing properties, two land parcels for future development, and another two properties which are currently under development.
About A$480 million of the initial commitment to the second core-plus logistics strategy comes from investors, which, according to an IPE report, likely included Singapore sovereign wealth fund GIC. ....

Hong Kong , New South Wales , Acacia Ridge , Horsley Park , South Korea , Phil Pearce , Stock Exchange Of Hong Kong , Australia Development Partnership , Logistics Partnerships , Development Partnership , Western Sydney , Horsley Logistics Park , Leppington Industrial , Acacia Ridge Business Park , Main Board , Stock Exchange , Hong Kong Limited , ஹாங் காங் , புதியது தெற்கு வேல்ஸ் , ஹார்ஸ்லி பூங்கா , தெற்கு கொரியா , பில் பியர்ஸ் , ஸ்டாக் பரிமாற்றம் ஆஃப் ஹாங் காங் , ஆஸ்திரேலியா வளர்ச்சி கூட்டு , தளவாடங்கள் கூட்டாண்மை , வளர்ச்சி கூட்டு ,

ESR forms $750m India logistics JV with Singapore's GIC


ESR forms $750m India logistics JV with Singapore’s GIC
ESR Lodha Industrial & Logistics Park (project rendering)
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Global logistics real estate firm ESR has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to set up a $750-million joint venture that will develop and acquire industrial and logistics assets in India.
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Hong Kong , New South Wales , Lee Kok Sun , Redwood Group , Australia Development Partnership , Development Partnership , ஹாங் காங் , புதியது தெற்கு வேல்ஸ் , லீ கோக் சூரியன் , ரெட்வுட் குழு , ஆஸ்திரேலியா வளர்ச்சி கூட்டு , வளர்ச்சி கூட்டு ,