ESR completes acquisition of ARA Asset Management
21 January 2022: ESR completes acquisition of ARA Asset Management
Creates APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally with a gross AUM of US$140 billion
US$59 billion2 of New Economy AUM which cements ESR as APAC’s largest New Economy real estate platform, contributing approximately 80%3 of the Group’s EBITDA
Largest sponsor and manager of REITs in APAC with 14 listed REITs across the Group
Deepened pool of talent, resources and offerings which will enhance and solidify the long-term sustainable growth of the Group
Read more in the media release below.