Publications

- September 1, 2021: Vol. 13, Number 8

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

ESR to acquire ARA Asset Management for US$5.2b

by Jennifer Molloy

ESR plans to acquire ARA Asset Management, with US$95 billion in gross assets under management, for US$5.2 billion.

Following completion of the transaction, ARA’s business will be combined with ESR’s platform. The enlarged ESR Group will become Asia Pacific’s largest real estate and real asset manager powered by the new economy, and the world’s third-largest listed real estate asset manager. The combined AUM will reach US$129 billion, of which more than US$50 billion is in “new economy” real estate (logistics and data centres), making it the largest such platform in Asia Pacific.

The senior management of ARA and LOGOS — which ARA acquired a majority stake in during March 2020 — will join the enlarged ESR Group to drive its next phase of growth.

“Our vision has always been to build a leading fund manager focused on technology-enabled real estate, especially logistics and more recently data centres, on the back of major secular trends including t

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.