06/10/22

ESR raises A$540 million with the first close of ESR Australia Development Partnership II

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6 October 2022: ESR raises A$540 million with the first close of ESR Australia Development Partnership II
  • ESR launches its A$1 billion ESR Australia Development Partnership II (EADP II), partnering with GIC, for a combined anchor close of A$540 million. A second close is targeted in 1H 2023.

  • Through EADP II, ESR will create premium estates for the New Economy, with Environmental, Social and Governance (ESG) principles underpinning its development strategy

Read more from the Australian Financial Review here

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