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ESR Milestone Partnership (EMP or the Fund) was launched in June 2021 following the acquisition of the Milestone portfolio, a $3.4bn portfolio consisting of 45 Industrial & Logistics assets.
EMP is an open-ended industrial partnership focused on delivering stabilised income returns to Investors from Australia’s growing Industrial and Logistic real estate sectors.
ESR Milestone Partnership (EMP)
Core Plus Industrial
![Image: [EMP] Somerton Hero](https://images.ctfassets.net/nq9kuc33ycuo/2T88zARJLA2CPIMfKGeNHH/c97f32b4466a4e4151c8d35874292d20/Somerton_EMP.jpg?w=1200&h=900&q=100&fm=webp)
Key Statistics
A$1.76bn
Equity commitment
20%
Co-investment
A$3.55bn
Portfolio valuation
*As of June 2024
4.9 years
WALE
*Weighted Average Lease Expiry
98.2%
Occupancy
45
Number of properties
* As of June 2024
Highlighted properties
![Image:[EMP] 60-80 William Angliss Drive, Laverton North, VIC](https://images.ctfassets.net/nq9kuc33ycuo/UFVHUxxViLsPHsuB41srP/b4d221758143e5ce449afe9f5599ad01/Laverton_North.png?w=833&h=563&q=100&fm=webp)
60-80 William Angliss Drive, Laverton North, VIC
![Image:[EMP] 50-80 Stanley Drive, Somerton VIC](https://images.ctfassets.net/nq9kuc33ycuo/4wTjoPlMxVgcD4A16EoCya/39fa114eb86a377e78e2847cb782c975/Stanley_Drive.png?w=833&h=563&q=100&fm=webp)
50-80 Stanley Drive, Somerton, VIC
![Image:[EMP] West Industry Park](https://images.ctfassets.net/nq9kuc33ycuo/OO0yHakMSj89CNZN6lxd2/f72052b9f1ec8cf18340cc8325122470/West_Industry_park.png?w=833&h=563&q=100&fm=webp)
West Industry Park,Truganina, VIC
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ESG for prosperity in a transforming world
From climate change to digitalisation, our world is transforming. At ESR Australia & New Zealand, we’re rapidly evolving to meet the changing needs of our customers, investors, communities, and our own people. We’re proud to be contributing to achieving an environmentally and socially sustainable future for all.