ESR Group

We are pleased to announce that ESR has secured a landmark US$2.5 billion syndicated sustainability-linked term loan and revolving credit facilities (SLL). This is the largest SLL secured by ESR to-date and one of the largest in Southeast Asia's real estate sector in 2024. ESR has raised 11 SLLs totalling close to US$7 billion, reinforcing our leadership in sustainable financing and business operations. This milestone aligns with our ESG 2030 Roadmap targets, setting the highest standards across our existing SLLs. As we progressively increase our installed solar power capacity and improve the sustainability certifications and ratings of our assets, we will achieve lower borrowing costs. Read more:  https://lnkd.in/g9e6MPze 

Pierre-Alexandre Humblot, ESR Group Managing Director of Fund Management and Capital, recently joined other leading industrial real estate developers to discuss the Japan Industrial Outlook at Mingtiandi - Asia real estate intelligence’s 2024 Tokyo Forum. During the panel, Pierre highlighted the persistent institutional demand for Japanese logistics real estate. He emphasized that while inflation, rising construction costs and labor shortages have put a damper on development activity, those same factors make core investment in logistics extremely compelling. Pierre also noted that the ESR-managed state-of-the-art facilities selling in 2025 will be trading below replacement cost auguring significant positive rental reversion for the incoming capital. Find more insights here: https://lnkd.in/dAkUfA4e

We’re proud to share that ESR Group has again achieved strong results in global ESG benchmarks. Some highlights from the latest 2024 GRESB assessment include: 👉 12 ESR entities awarded 5 Star ratings, placing us in the top 20% of GRESB-rated entities globally 👉 ESR Data Centre Fund 1 received a 5 Star rating in its inaugural assessment 👉 ESR Kendall Square Asset No. 2 REIT Co., Ltd. (South Korea) recognised as the most prestigious Global Sector Leader (Global, Industrial) These results underscore our commitment to our customers, partners & people and reinforces our purpose of creating Space and Investment Solutions for a Sustainable Future. Read more about our ESG initiatives and progress here: https://lnkd.in/gT23RcdG Emma Larsson Valmond Liew Casey Chiang

At Mingtiandi - Asia real estate intelligence’s 2024 Tokyo Forum on 12 November, ESR Group Co-founder & Co-CEO Stuart Gibson shared his valuable insights on developing logistics hubs and data centers in Japan, drawing on his extensive experience in the country’s real estate sector.   Stuart emphasised that Japan is very attractive for both local and foreign investors given the reliable rule of law, the strong acceptance of e-commerce, high rental demand and the embrace of AI, and the softening yen, which is leading to significant growth in logistics and demand for data centres. ESR’s Japan strategy includes diversifying into renewable energy and data centers to support AI and the country’s digital transformation. Stuart also emphasized ESR’s human-centric design approach, which includes on-site childcare and ergonomic spaces to enhance customer wellbeing.   With the completion of our first data center in Osaka last August, there’s a lot to look forward to with ESR in Japan.   Find out more insights here: https://lnkd.in/gQh6cahB   #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #Japan #Infrastructure #DataCentres #Logistics #HumanCentric #MingtiandiTokyoForum2024

Speaking on a panel at the ANREV Annual Conference 2024, Jai Mirpuri, Head of Southeast Asia at ESR, shared his valuable insights on emerging markets and growth opportunities, highlighting Southeast Asia’s vast potential and the long-term dividends for investors. Jai emphasized ESR’s strong presence and dedicated teams in these markets as key drivers of development and progress. He noted the crucial role of domestic capital in advancing market maturity and attracting foreign investment, and highlighted the increasing flow of Asian capital into the region. Jai underscored that investing in emerging markets demands resilience & hard work. For success, he stressed the need to choose partners wisely, being willing to course-correct, and stick to core principles—there’s no “secret sauce,” just fundamentals. #ESRGroup #ESR #Investment #EmergingMarkets #NewEconomy #ForeignInvestment #Growth #SoutheastAsia #ANREV

With Artificial Intelligence (AI) set to transform the industry, ESR will deliver 2 gigawatts of data centre capability across the region alongside an innovative approach to meeting customer demand through flexible business models. The ESR Data Centre team recently spoke with AI Magazine, Sustainability Magazine, Technology Magazine, and Data Centre Magazine about the steps we're taking to reach these ambitious goals. Backed by over US$2bn in funding for greenfield and brownfield projects, we are committed to building solutions for a sustainable future. Check out the full article to learn more about our vision for data centres that support a sustainable future ➡ https://lnkd.in/gq9fYjqz #ESRGroup #ESRDataCentres #AI #DataCentres #Sustainability #Technology #Innovation Diarmid Massey Cindy Nguyen Richard Mills

Our ESR Group Interim Report 2024 is now available! ESR is ranked the largest real asset manager in APAC in the 2024 ANREV Fund Manager Survey and number one in PERE's APAC Fund Manager Guide ranking of the top 50 private equity real estate fund managers in 2024. We would like to thank our investors as well as our partners and customers for the continued strong support! Our fund management platform is well-diversified across major APAC markets, supported by strong partnerships with leading investors and global customers. Despite a challenging macro environment, the Group recorded a 7% year-on-year growth in core asset recurring fees, underscoring the resilience of our fund management platform. We will continue to execute on our key business priorities to achieve a sustainable growth and maximise long term shareholder value for our investors. In positioning ESR for the next stage of growth, we are optimistic that the expected lower short-term rates and APAC growth in AI would provide the biggest market catalyst in next 12 to 18 months. Read our ESR Group Interim Report 2024 here: https://lnkd.in/gxcR9phJ #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #ESG

“The entire data centre industry is trying to overcome one critical challenge: supporting the digital economy when reducing environmental impact.”  Diarmid Massey, CEO of Data Centres, ESR Group, recently spoke to PERE about decarbonisation and on-site power generation for this industry. We have set ambitious decarbonisation targets. By 2040, we aim to achieve 100% renewable electricity use across all of our data centre assets, with an interim goal of 75% by 2030. To achieve these goals, we're combining on-site energy generation - including rooftop solar installations and Building Integrated Photovoltaics (BIPV) systems - with other strategies, including uplifting the energy efficiency of our assets and tapping other low-carbon sources. Read more: https://lnkd.in/eCUdb5tB Image below: ESR KR1 data center in Bupyeong, South Korea. BIPV is being integrated seamlessly into the architectural design and façade system of this nine-storey 80-megawatt facility.  #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #RenewableEnergy #DataCentres #Decarbonisation

We are pleased to announce the ESR Group has ascended to #1 position in PERE’s APAC Fund Manager Guide ranking of the top 50 private equity real estate fund managers in 2024.   PERE data shows that ESR raised US$15.9 billion in the APAC region over the past five years. And in the first half of 2024, ESR raised US$2.3 billion in capital, an increase of 155% against the same period last year, despite a second consecutive year of muted fundraising for the sector (the lowest H1 since 2012, down 43% from 1H23). This reflects investors' confidence in our products.   PERE Magazine is the leading publication for the world’s private real estate markets and widely accepted as the most authoritative publications in this industry. PERE’s APAC Fund Manager Guide 2024 ranks 50 leading private equity real estate fund managers according to their total amount of third-party capital raised by private real estate investment vehicles.   Read more: https://lnkd.in/deFZhuyi   #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #APAC

Phase 1 of our US$2 billion, 130 MW Cosmosquare Data Centre campus in Central Osaka, Japan is complete! ESR Cosmosquare OS1 Data Centre is our flagship hyperscale asset in our strategic and accelerated rollout of data centres to capitalise on the unprecedented demand for high-performing digital infrastructure across key markets in APAC. Our state-of-the-art facility is designed with an efficient cooling system to reduce energy use, as part of our purpose to drive Space and Investment Solutions for a Sustainable future. This milestone is part of our accelerated Data Centres strategy to execute 575 MW of committed data centre sites in key markets across APAC, with a pipeline of more than 2 GW worth of land and projects. Watch video below and learn more: https://lnkd.in/gURCsRDN #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #DataCentres