REIT - Industrial Industry | Real Estate Sector | Mr. Wai Yin Chui CEO | SGX Exchange | - ISIN |
SG Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
ESR-LOGOS REIT stands as a forward-looking leader in the Asia Pacific region, focusing on the New Economy by investing in high-quality income-generating industrial properties located in key gateway markets. Since its inception on 25 July 2006 through a listing on the Singapore Exchange Securities Trading Limited, it has been dedicated to a strategy that secures assets instrumental to the logistics and high-specifications industrial sectors, among others. As of the end of 2023, the REIT boasts a notable presence in Singapore, Australia, and Japan, holding a diversified portfolio valued at approximately S$5.1 billion. This portfolio includes a variety of logistics properties, business parks, and general industrial properties, covering a total gross floor area of around 2.1 million sqm. Managed by ESR-LOGOS Funds Management (S) Limited and benefiting from a strong sponsorship by ESR Group Limited, ESR-LOGOS REIT is also recognized as a component of the esteemed FTSE EPRA Nareit Global Real Estate Index.
Central to its investment strategy, ESR-LOGOS REIT focuses on acquiring industrial properties that promise sustained income over time. The emphasis is on assets that are pivotal to the New Economy, spanning logistics facilities, high-spec industrial spaces, and business parks. These properties are strategically located in Singapore, Australia, and Japan, markets known for their robust economic activity and potential for growth.
The REIT's portfolio is comprehensive and varied, encompassing 72 properties (excluding 48 Pandan Road, which is held through a joint venture) across developed markets. This includes 52 assets in Singapore, 19 in Australia, and 1 in Japan, illustrating a geographically diverse investment strategy. The total gross floor area managed by the REIT amounts to approximately 2.1 million sqm, showcasing its significant scale.
In addition to direct property ownership, ESR-LOGOS REIT also diversifies its investment approach through participation in three Australian property funds. This allows the REIT to spread its risk and participate in a wider range of property-related income-generating activities, further solidifying its position in its chosen markets.