46A Tanjong Penjuru. (ESR-REIT)46A Tanjong Penjuru. (ESR-REIT)

Singapore-listed ESR-REIT is marking its first-ever expansion overseas with the acquisition of a stake in an Australian fund.

The REIT is also acquiring 46A Tanjong Penjuru, a ramp-up logistics facility in Singapore, and will be conducting asset enhancements at 7000 Ang Mo Kio Avenue 5 and 16 Tai Seng Avenue.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.