ESR Group

We’re pleased to welcome Karine Scelles as Head of People & Culture at ESR Group. With more than 20 years of HR leadership experience across Europe and Asia, Karine will lead our Group-wide People and Culture strategy - enhancing employee engagement, fostering a culture of inclusion, and driving initiatives that support talent development and growth. Karine brings a growth mindset, a passion for empowering teams, and a strong track record in talent development, inclusion, and mental well-being – having earned industry recognition for her contributions in this space. Her expertise in building robust leadership teams and navigating change will be invaluable as ESR Group continues to grow. https://lnkd.in/gZ8-A67f

Happy Lunar New Year from ESR! Wishing everyone a happy, healthy, and prosperous #YearOfTheSnake 🐍

Today marks a significant milestone for ESR Group in China as the logistics-focused ESR China REIT (ESR C-REIT) debuts on the Shanghai Stock Exchange, raising over RMB 2.1 billion through its initial public offering (IPO) of 800 million shares at RMB 2.628 per share. With 12 cornerstone institutional investors and ESR retaining a 41% stake, this IPO is a significant step in advancing China’s logistics real estate sector. ESR C-REIT’s portfolio includes three top-tier logistics facilities spanning 427,000 sqm, boasting an occupancy rate of over 90% and tenants from e-commerce, FMCG, and automotive industries. As the sponsor of ESR C-REIT, ESR offers investors access to a pipeline of high-quality assets from its industry-leading portfolio. With nearly 180 assets across China, around 70% of its stabilised properties are in key economic hubs like the Yangtze River Delta and Greater Bay Area, driven by strong demand from renewable energy and cross-border e-commerce industries.   Read the announcement here: https://lnkd.in/g27Dzcgw

ESR is thrilled to be partnering with global data centre provider CloudHQ, LLC to tap the immense growth opportunities in the data centre sector. As part of a new joint venture, we will jointly build, fit out, and operate the US$2 billion ESR Cosmosquare Data Centre campus in Nanko Kita, Osaka, Japan. The campus will deliver 130 megawatts of data centre capacity over three phases: OS1, OS2, and OS3. ESR’s first data centre facility in Japan, OS1, will be ready for service in June 2025. Alongside logistics real estate, and infrastructure and renewables, ESR’s accelerated data centre strategy underpins our next phase of growth – driven by digitalisation, cloud and AI adoption. Read more: https://lnkd.in/gc5ej7WK Stay tuned for updates as we drive innovation and sustainability in the data centre space.

We are pleased to announce that ESR has secured a landmark US$2.5 billion syndicated sustainability-linked term loan and revolving credit facilities (SLL). This is the largest SLL secured by ESR to-date and one of the largest in Southeast Asia's real estate sector in 2024. ESR has raised 11 SLLs totalling close to US$7 billion, reinforcing our leadership in sustainable financing and business operations. This milestone aligns with our ESG 2030 Roadmap targets, setting the highest standards across our existing SLLs. As we progressively increase our installed solar power capacity and improve the sustainability certifications and ratings of our assets, we will achieve lower borrowing costs. Read more:  https://lnkd.in/g9e6MPze 

Pierre-Alexandre Humblot, ESR Group Managing Director of Fund Management and Capital, recently joined other leading industrial real estate developers to discuss the Japan Industrial Outlook at Mingtiandi - Asia real estate intelligence’s 2024 Tokyo Forum. During the panel, Pierre highlighted the persistent institutional demand for Japanese logistics real estate. He emphasized that while inflation, rising construction costs and labor shortages have put a damper on development activity, those same factors make core investment in logistics extremely compelling. Pierre also noted that the ESR-managed state-of-the-art facilities selling in 2025 will be trading below replacement cost auguring significant positive rental reversion for the incoming capital. Find more insights here: https://lnkd.in/dAkUfA4e

We’re proud to share that ESR Group has again achieved strong results in global ESG benchmarks. Some highlights from the latest 2024 GRESB assessment include: 👉 12 ESR entities awarded 5 Star ratings, placing us in the top 20% of GRESB-rated entities globally 👉 ESR Data Centre Fund 1 received a 5 Star rating in its inaugural assessment 👉 ESR Kendall Square Asset No. 2 REIT Co., Ltd. (South Korea) recognised as the most prestigious Global Sector Leader (Global, Industrial) These results underscore our commitment to our customers, partners & people and reinforces our purpose of creating Space and Investment Solutions for a Sustainable Future. Read more about our ESG initiatives and progress here: https://lnkd.in/gT23RcdG Emma Larsson Valmond Liew Casey Chiang

At Mingtiandi - Asia real estate intelligence’s 2024 Tokyo Forum on 12 November, ESR Group Co-founder & Co-CEO Stuart Gibson shared his valuable insights on developing logistics hubs and data centers in Japan, drawing on his extensive experience in the country’s real estate sector.   Stuart emphasised that Japan is very attractive for both local and foreign investors given the reliable rule of law, the strong acceptance of e-commerce, high rental demand and the embrace of AI, and the softening yen, which is leading to significant growth in logistics and demand for data centres. ESR’s Japan strategy includes diversifying into renewable energy and data centers to support AI and the country’s digital transformation. Stuart also emphasized ESR’s human-centric design approach, which includes on-site childcare and ergonomic spaces to enhance customer wellbeing.   With the completion of our first data center in Osaka last August, there’s a lot to look forward to with ESR in Japan.   Find out more insights here: https://lnkd.in/gQh6cahB   #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #Japan #Infrastructure #DataCentres #Logistics #HumanCentric #MingtiandiTokyoForum2024

Speaking on a panel at the ANREV Annual Conference 2024, Jai Mirpuri, Head of Southeast Asia at ESR, shared his valuable insights on emerging markets and growth opportunities, highlighting Southeast Asia’s vast potential and the long-term dividends for investors. Jai emphasized ESR’s strong presence and dedicated teams in these markets as key drivers of development and progress. He noted the crucial role of domestic capital in advancing market maturity and attracting foreign investment, and highlighted the increasing flow of Asian capital into the region. Jai underscored that investing in emerging markets demands resilience & hard work. For success, he stressed the need to choose partners wisely, being willing to course-correct, and stick to core principles—there’s no “secret sauce,” just fundamentals. #ESRGroup #ESR #Investment #EmergingMarkets #NewEconomy #ForeignInvestment #Growth #SoutheastAsia #ANREV

With Artificial Intelligence (AI) set to transform the industry, ESR will deliver 2 gigawatts of data centre capability across the region alongside an innovative approach to meeting customer demand through flexible business models. The ESR Data Centre team recently spoke with AI Magazine, Sustainability Magazine, Technology Magazine, and Data Centre Magazine about the steps we're taking to reach these ambitious goals. Backed by over US$2bn in funding for greenfield and brownfield projects, we are committed to building solutions for a sustainable future. Check out the full article to learn more about our vision for data centres that support a sustainable future ➡ https://lnkd.in/gq9fYjqz #ESRGroup #ESRDataCentres #AI #DataCentres #Sustainability #Technology #Innovation Diarmid Massey Cindy Nguyen Richard Mills