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e-Shang Redwood (ESR)
IPO
Warburg-backed ESR files for HK IPO said could be worth up to $2 bil
(Mar 6): ESR, the logistics real estate platform backed by Warburg Pincus, is expected to carry out an IPO in Hong Kong within the next two quarters, according to Mingtiandi.
March 06, 2019
Broker's Calls
Viva Industrial Trust ended 4Q strong… and more
SINGAPORE (Jan 29): Maybank is reiterating its “buy” call on Viva Industrial Trust (VIT) with a higher target price of $1.05 following the group’s strong 4Q results which were announced on Friday.
January 29, 2018
Allianz expands logistics business into Japan by investing with E-Shang Redwood
SINGAPORE (Sept 29): Allianz today announced that it has finalised a US$100 million ($136 million) investment into Redwood Japan Logistics Fund II (RJLF2), an E-Shang Redwood (ESR) managed fund.
September 29, 2017
Cambridge Industrial Trust changes its name to ESR-REIT
SINGAPORE (June 21): Cambridge Industrial Trust will be changing its name to ESR-REIT from Friday.
June 21, 2017
Broker's Calls
Cambridge Industrial upgraded to ‘buy’ with higher target of 60 cents
SINGAPORE (April 27): DBS is upgrading Cambridge Industrial Trust to “buy” and raising its target price to 60 cents given the acquisition of the trust manager and sponsor E-Shang Redwood has removed some of the overhanging risks.
April 27, 2017
Emergence of Sabana REIT’s new substantial shareholder signals potential consolidation
SINGAPORE (March 6): CIMB views e-Shang Redwood (ESR)’s recent emergence as a substantial unitholder of Sabana Shari’ah Compliant Real Estate Investment Trust (Sabana REIT) as a “precursor to the potential consolidation of small- to mid-cap industri
March 06, 2017
New substantial unitholder appears at Sabana REIT
SINGAPORE (March 3): A new substantial unitholder has emerged at Sabana Shari’ah Compliant Real Estate Investment Trust, which could shift the dynamics of a revolt that a group of small investors have waged against the manager of the REIT over the past
March 03, 2017
Results
Cambridge Industrial Trust posts 12.6% decline in 4Q DPU to 1 cent
SINGAPORE (Jan 25): Cambridge Industrial Trust (CIT) has declared a distribution per unit (DPU) of 1 cent for the fourth quarter ended 31 Dec, 12.6% down from 1.14 cents in 4Q15.
January 25, 2017