The Manager


As an established industrial real estate investment trust (REIT), ESR-REIT is committed to optimise returns through the delivery of stable and secure returns to Unitholders and the creation of long-term capital growth.

We have adopted a three-pronged strategy to achieve these objectives by leveraging on our expertise, enabling us to grow into a sizable Pan-Asian REIT.


Acquisition growth

  1. Evaluation of yield-accretive and value-enhancing opportunities in Singapore and overseas
    • Overseas expansion will focus on scalability in markets where ESR has a presence
    • Potential pipeline from ESR ; c.9.0m sqm of existing and underdevelopment projects across China, Japan and Korea
    • Increased acquisition opportunities from ESR's network

Development Opportunities

  1. Potential investment into development projects
    • ESR-REIT is permitted to take up to 10% of its deposited properties
  2. Provides potential upside kicker; any downsides are protected from stable income generating assets
  3. As a developer of Built-to-Suit (BTS) warehousing and distribution facilities for leading global e-commerce companies, ESR Group has a proven track record and BTS development capabilities which ESR-REIT can leverage on

Organic Growth

  1. Asset enhancements to unlock value
  2. Proactive asset management to maximise unitholder returns
  3. Regular review of portfolio, recycling of capital and enhancements to portfolio quality
  4. Leverage on ESR's capabilities:
    • Tap into ESR's client network to enhance REIT's tenant quality and diversify tenant base
    • One of the largest landlords of leading e-commerce companies in China
    • May provide solutions to existing ESR tenants who are keen to expand into this region