ESR is now a privately held company, following its delisting from the Hong Kong Stock Exchange.
The business is now owned by a new shareholder group comprising Starwood Capital Group, SSW Partners, Sixth Street, Warburg Pincus, Qatar Investment Authority, and ESR’s founders. The new owners also include OMERS and Sumitomo Mitsui Banking Corp., among others, who have elected to roll some or all of their equity into the go-forward privatized business.
The successful privatization accelerates ESR’s strategic transformation to a simplified business focused on growing long-term value in its core businesses, including logistics and data centers, and harnessing the strengths of its Asia Pacific platform for capital partners and customers.
Following the privatization, ESR has made several executive leadership appointments.
Brett Robson has been appointed independent board chair, following his earlier appointment as senior adviser to the consortium in April 202