Data from ESR-REIT’s latest results have been updated into the Singapore REITs table.
In the wake of a failed bid to merge with Sabana REIT, ESR-REIT is now eyeing markets overseas to grow its portfolio and improve its underlying land leases.
The matter touched upon by Adrian Chui, CEO of ESR-REIT’s manager, in response to questions from the media on 20 January.
ESR-REIT and Sabana REIT are both Singapore-heavy industrial REITs that tried to merge in late-2020.
However, the proposed deal was met with a rare display of investor activism, and effectively shot down when a resolution to secure the deal was not passed at Sabana REIT's EGM in December that year.
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