ESR Group to list its logistics firm REIT in China
Real Estate

ESR Group to list its logistics firm REIT in China

The Chinese securities authority has approved the real estate asset management ESR Group to list its logistics real estate company there. The company anticipates raising around $336.02 million from the offering. The Hong Kong-based company proposed in December 2022 to spin off and separately list its logistics assets through a publicly offered infrastructure securities investment fund, or C-REIT, on the Shanghai Stock Exchange. The company has sponsored several REITs that are listed in Singapore, such as ESR-LOGOS REIT and Sabana Industrial REIT. According to the statement, Kunshan, Jiangsu Province, China, is home to three logistics facilities that are now held by the ESR C-REIT. The three assets will be managed by ESR's subsidiary, Shanghai Yizhishang Enterprise Management Services Co., after the IPO of ESR C-REIT. Stuart Gibson, co-founder and co-CEO of ESR Group, expressed confidence that the portfolio would establish a strong foundation for the continued growth of the C-REIT. He mentioned that it would also create more opportunities for collaboration with onshore financial institutions and investors in China. The company indicated that, while the final offer price of the REIT offering had not been disclosed, the projected annualised cash distribution rate by the REIT was 4.5% for 2024 and 4.62% for 2025. ESR disclosed that it would subscribe to a 34% stake in the C-REIT IPO, with cornerstone investors, public institutions, and retail investors subscribing for the remaining 66%.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Chinese securities authority has approved the real estate asset management ESR Group to list its logistics real estate company there. The company anticipates raising around $336.02 million from the offering. The Hong Kong-based company proposed in December 2022 to spin off and separately list its logistics assets through a publicly offered infrastructure securities investment fund, or C-REIT, on the Shanghai Stock Exchange. The company has sponsored several REITs that are listed in Singapore, such as ESR-LOGOS REIT and Sabana Industrial REIT. According to the statement, Kunshan, Jiangsu Province, China, is home to three logistics facilities that are now held by the ESR C-REIT. The three assets will be managed by ESR's subsidiary, Shanghai Yizhishang Enterprise Management Services Co., after the IPO of ESR C-REIT. Stuart Gibson, co-founder and co-CEO of ESR Group, expressed confidence that the portfolio would establish a strong foundation for the continued growth of the C-REIT. He mentioned that it would also create more opportunities for collaboration with onshore financial institutions and investors in China. The company indicated that, while the final offer price of the REIT offering had not been disclosed, the projected annualised cash distribution rate by the REIT was 4.5% for 2024 and 4.62% for 2025. ESR disclosed that it would subscribe to a 34% stake in the C-REIT IPO, with cornerstone investors, public institutions, and retail investors subscribing for the remaining 66%.

Next Story
Infrastructure Urban

DRDO Transfers Key Defence Materials Tech to Industry

The Defence Metallurgical Research Laboratory (DMRL) of DRDO in Hyderabad has transferred three advanced indigenous materials technologies to leading Indian industry partners, marking a major step towards self-reliance in strategic defence manufacturing. The Licensing Agreement for Transfer of Technology (LAToT) documents were handed over by Dr Samir V Kamat, Secretary of Defence R&D and Chairman of DRDO, at a ceremony held at DMRL on 30 August 2025.The transferred technologies include:High-Strength Radomes: Transferred to BHEL, Jagdishpur, this technology enables the manufacture of high-p..

Next Story
Infrastructure Energy

Coal Ministry Honours Top Mines for Safety and Sustainability

The Ministry of Coal hosted the Star Rating Award Ceremony in Mumbai to recognise outstanding coal and lignite mines for their achievements in safety, environmental responsibility, scientific operations, and community welfare. Union Minister of Coal and Mines Shri G. Kishan Reddy, accompanied by Minister of State Shri Satish Chandra Dubey and Secretary Shri Vikram Dev Dutt, presented the accolades.The awards celebrate mines that have demonstrated excellence across key parameters such as safety, productivity, scientific mining, environmental stewardship, and socio-economic impact. The Minister ..

Next Story
Infrastructure Urban

Modi Highlights Decade of Bold Economic Reforms

Prime Minister Shri Narendra Modi reaffirmed the government’s steadfast commitment to economic reforms over the past decade, highlighting transformative measures that have redefined India’s fiscal structure and enhanced its global economic position.Citing major initiatives such as corporate tax cuts to encourage investment, the implementation of the Goods and Services Tax (GST) to unify the national market, and reforms in personal income tax to improve Ease of Living, Modi emphasised that the reform agenda has consistently been citizen-focused and pro-growth.He welcomed the ongoing #NextGe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?