ESR has closed a pre-IPO investment from CITIC Securities One-Belt-One-Road (CSOBOR) Fund, a private equity investment fund of CLSA, one of Asia’s leading capital markets and investment groups and a wholly owned subsidiary of CITIC Securities, China’s largest investment bank. The investment will be used to fuel ESR’s rapid platform expansion in China and across the Asia Pacific region.
Driven by the buoyant growth of e-commerce and third-party logistics, China’s logistics real estate market continues to thrive. At the same time, logistics real estate in other Asian markets is set to take off. The market is seeing a robust demand for modern logistics facilities as e-commerce companies invest in order to scale aggressively in the region.
CSOBOR Fund is a private equity fund of CLSA that capitalizes on One-Belt-One-Road investment opportu
