18/06/21

ESR Australia settles on Milestone Portfolio and Operating Business, turns focus to realising A$3.3 Billion pipeline

Image:
18 June 2021: ESR Australia settles on Milestone Portfolio and Operating Business, turns focus to realising A$3.3 Billion pipeline
  • ESR Milestone Partnership (“EMP”) settles on the purchase of the Milestone Portfolio (“The Portfolio”) from Blackstone, Australia’s largest-ever logistics and general property portfolio transaction

  •  The $3.8 billion acquisition consists of 45 high-quality, income-producing assets set over 3.6 million sqm, and the associated operating business.

  • ESR Australia’s Assets Under Management (AUM) leap 72% to A$8.1 billion, while the development pipeline has increased 35% to A$3.3billion

Media Release

See the latest news

Image: [Article]  Badgerys Creek Hero
20/09/23
ESR Australia secures foothold in Western Sydney Aerotropolis, acquiring 85 Martin Road, Badgerys Creek, for A$70 million.
Image: Solar Bay News Hero
06/09/23
ESR Australia and Solar Bay form Australian-first renewable energy partnership.
Image: Banksmeadow Hero
21/06/23
ESR Australia acquires key South Sydney site for A$143 million