ESR has entered into an agreement with two leading domestic insurance groups to establish a dedicated RMB income fund with a total investment capacity of RMB 1.6 billion ($235 million), further advancing the company’s capital-recycling strategy and long-term growth positioning in China.
The transaction brings together an existing capital partner and an insurer investing through ESR’s China platform for the first time, underscoring continued engagement from domestic institutional capital seeking exposure to modern logistics assets in strategically located markets.
ESR will retain an active role as fund manager and asset manager, along with a minority interest in the fund, ensuring alignment with its investment partners and operational continuity across leasing, operations, asset management and fund management.
Jeffrey Shen said, “We continue to see strong alignment with long-term institutional capital that recognizes the resilience and strategic importance
