Other Investments
Investment in ESR Australia Logistics Partnership
ESR Australia Logistics Partnership (“EALP”) is a private fund managed by ESR Asset Management (Australia) Pty Ltd, an indirect subsidiary of the Sponsor. ESR Queensland Hold Trust and ESR-REIT each holds a 10.0% interest in the total issued units of EALP, with the remaining 80.0% interest in EALP held by a wholly owned subsidiary of GIC (Realty) Private Limited, whose primary business is to hold real estate investments of GIC Private Limited, a global investment firm established in 1981 to manage Singapore’s foreign reserves.
More information on EALP can be found here: https://au.esr.com/
Equity Interest |
10.0% (A$84.4 million) |
Number of Properties |
33 consisting of: 31 income-producing properties 3 development sites |
Property Type |
Logistics Properties |
Land Tenure(1) |
29 Freehold Assets 4 Leasehold Assets |
Land Area |
1,290,025 sqm |
Gross Lettable Area |
537,983 sqm |
Net Asset Value |
A$844.2 million |
WALE |
6.0 years |
All information as at 31 December 2024 unless otherwise stated.
Note: (1) Excluding land and ongoing developments.
Investment in New LAIVS Trust
New LOGOS Australia Investment Venture (“LAIVS”) Trust, which comprises four prime logistics properties all located in Australia with two assets in New South Wales and two assets in Victoria, is a private fund managed by LOGOS Investment Management Pty Ltd, an indirect subsidiary of LOGOS Property. ESR-REIT through ALOG-LAIV Trust holds a 49.5% interest in the total issued units of New LAIVS Trust.
Equity Interest |
49.5% (A$145.1 million) |
Number of Properties |
4 |
Property Type |
Distribution Centres |
Land Tenure(1) |
3 Freehold Assets 1 Leasehold Asset |
Land Area |
431,310 sqm |
Gross Lettable Area |
155,891 sqm |
Net Asset Value |
A$293.2 million |
WALE |
2.8 years |
All information as at 31 December 2024 unless otherwise stated.
Note: (1) Excluding land and ongoing developments.
Investment in Oxford Property Fund
New Oxford Property Fund which comprises a prime major complex of 14 temperature controlled cold storage logistics and two ambient buildings in Victoria, Australia, is a private fund managed by LOGOS Investment Management Pty Ltd, an indirect subsidiary of LOGOS Property. ESR-REIT through ALOG-OPAT Trust holds a 40.0% interest in the total issued units of Oxford Property Fund.
Equity Interest |
40.0% (A$79.0 million) |
Number of Properties |
1 |
Property Type |
Cold Storage |
Land Tenure(1) |
1 Freehold Asset |
Land Area |
229,000 sqm |
Gross Lettable Area |
123,353 sqm |
Net Asset Value |
A$197.5 million |
WALE |
16.1 years |
All information as at 31 December 2024 unless otherwise stated.
Note: (1) Excluding land and ongoing developments.