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ESR-REIT: Completes Maiden Overseas Acquisition.

14 May 2021 11:51

ESR Cayman Limited and ESR Funds Management (S) Limited jointly announced the completion of the acquisition of 10.0% of the total issued units in ESR Australia Logistics Partnership by RBC Investor Services Trust Singapore Limited, in its capacity as trustee of ESR-REIT, for a purchase consideration of A$60.5 million, approximately S$62.4 million and US$46.6 million. This marks ESR-REIT's first acquisition from the Sponsor's pipeline as well as its first overseas expansion...

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Source: ShareInvestor Express