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.

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.

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.
From Bloomberg

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.

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.

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

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

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.
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