About Us

Milestones

  1. Corporate Actions

    ESR Cayman Limited acquires c.80% indirect stake in Manager from NAB and Oxley (remaining 20% in Manager held by Mitsui), and c.12% of REIT units, becoming REIT’s second largest unitholder

    Cambridge Industrial Trust changes its name to “ESR-REIT”

    Portfolio Management
    The following properties were acquired in 2017 :

    8 Tuas South Lane

    7000 Ang Mo Kio Avenue 5

    Awards and Achievements

    Awarded Best Corporate Governance Company, Singapore at Global Banking & Finance Awards 2017

    Capital Management

    Issued S$150m of 4.6% subordinated perpetual securities as part of the S$750m Multicurrency MTN programme

  2. Corporate Actions

    Completed the notification process with the Financial Services Agency of Japan (JFSA), the first S-REIT to do so

    Awards and Achievements

    Included as a constituent of the first SGX Sustainability Leaders Index

    Published first Sustainability Report, one of the first few companies in Singapore to do so

    Capital Management

    Completed refinancing of NAB loan facility, unencumbering 100% of portfolio

    Updated S$500m Multi-currency MTN programme to S$750m

    Issued S$50m of 3.95% fixed rate notes due 2023

    Entry into S$100m unsecured loan facility

  3. Portfolio Management
    The following properties were acquired in 2015 :

    160A Gul Circle

    Awards and Achievements

    Won the Adam Smith Asia Award for Best Financing Solution in 2015

    Capital Management

    Refinanced S$250m Club Loan, unencumbering S$1.1b of assets

    Issued S$55m of 3.50% fixed rate notes due 2018 and S$130m of 3.95% fixed rate notes due 2020

  4. Portfolio Management
    The following properties were acquired in 2014 :

    30 Teban Gardens Crescent

    11 Chang Charn Road

    12 Ang Mo Kio Street 65

    16 International Business Park

    Awards and Achievements

    Won prestigious Solar Pioneer Award at the Asia Clean Energy Summit from EDB Singapore

    Capital Management

    Issued S$30m of 4.10% fixed rate notes due 2020

    Issued S$100m of 3.50% fixed rate notes due 2018

  5. Portfolio Management
    The following properties were acquired in 2013 :

    15 Jurong Port Road

    3 Tuas South Avenue 4

    54 Serangoon North Ave 4

    Capital Management

    Entered into S$250m IRS and reduced all-in cost of debt

    Refinanced S$100m of term loan facility and S$50m of revolving credit facility

    Refinanced and converted S$120m of acquisition term loan to S$100m loan facility

  6. Portfolio Management
    The following properties were acquired in 2012 :

    25 Pioneer Crescent

    11 Woodlands Walk

    43 Tuas View Circuit

    30 Marsiling Industrial Estate Road 8

    16 Tai Seng Street

    70 Seletar Aerospace View

    3C Toh Guan Road East

    Capital Management

    Established S$500m Multi-currency MTN Programme

    Issued S$50m of 4.75% fixed rate notes

    Established S$40m revolving credit facility

    Increased existing S$320m term loan facility with S$100m short term loan facility and S$50m revolving credit facility

  7. Portfolio Management
    The following properties were acquired in 2011 :

    60 Tuas South St 1

    5/7 Gul St 1

    4/6 Clementi Loop

    Capital Management

    Rights issue of S$56.7m for acquisition of 3 properties

    Refinanced S$320m of loan facilities

  8. Portfolio Management
    The following properties were acquired in 2010 :

    1/2 Changi North St 2

    22 Chin Bee Drive

    511/513 Yishun Industrial Park A

    Awards and Achievements

    Awarded the “Best Deal in Singapore 2009” at the Asset Triple A Asian Awards for raising S$390.1m in 2009

    Capital Management

    Private placement of S$70.0m and preferential offering of S$20.4m

  9. Capital Management

    Private placement of S$28.0m for AEI and working capital purposes

    Completed S$390.1m of loan refinancing

  10. Corporate Actions

    Acquisition of majority ownership of CITM by NAB, Oxley Capital and Mitsui remain as JV partners

    Portfolio Management
    The following properties were acquired in 2008 :

    79 Tuas South Street 5

    21B Senoko Loop

    Capital Management

    S$358m IRS completed

    Established S$100m of revolving credit facilities

  11. Corporate Actions

    Launched first private placement in the USA under Rule 144A – the first Singapore REIT to raise funds in this manner

    Portfolio Management
    The following properties were acquired in 2007 :

    28 Senoko Drive

    31 Changi South Ave 2

    120 Pioneer Road

    128 Joo Seng Road

    9 Bukit Batok Street 22

  12. Corporate Actions

    Listing of Cambridge Industrial Trust (“CIT”) on the SGX-ST