ESR received a capital injection of 1.143 billion yuan for the growth of logistics real estate and data centers | Lianhe Zaobao
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ESR Group has secured a USD 850 million (approximately SGD 1.143 billion) equity investment aimed at accelerating long-term growth and strengthening its balance sheet. The funds will primarily be used for growth plans in logistics real estate and data centers. ESR President Pierce stated that the company has entered the next phase of growth, focusing on these areas and driving continued growth in leasing and capital deployment. As global capital flows into the Asia-Pacific region, investors are increasingly favoring management companies with a strong local market foundation
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