Year in Review 18 STRENGTH IN UNITY June ESR China completed ESR Shenyang Hualong E-commerce Industrial Park (fully tenanted to JD.com), ESR Chengdu Qingbaijiang Cold Chain Industrial Park and ESR Suzhou Zhangjiagang High-end Manufacturing and Supply Chain Industrial Park. ESR China completed ESR Nanning Wuxiang E-commerce Logistics Park located in the Wuxiang New District, an emerging core logistics area which is much sought after by e-commerce and third-party logistics companies. ESR Japan completed the construction of ESR Kazo Distribution Centre 2 and welcomed its first tenant, which is among the top 10 transportation and logistics companies in Japan. ESR Kendall Square completed the 100% pre-leased Pyeongtaek Logistics Park in South Korea. July ESR India expanded its presence in Gujarat through the acquisition of 38 acres with a development potential of 1 million sq ft. in Sanand, a growing market for electric vehicle manufacturing. ESR Japan completed the nine-storey Higashi Ogishima Distribution Centre, Japan's tallest logistics facility, in the Tokyo metropolitan area. April February ESR Japan completed ESR Yokohama Sachiura Distribution Centre 2 in Greater Tokyo, the second phase of the masterplanned 750,000 sqm ESR Yokohama Sachiura Logistics Park which is set to be the largest logistics park (by value) in Japan and APAC upon completion. ESR Kendall Square completed Geomdan Logistics Park, a landmark, Class A 150,000 sqm logistics complex in the prime Gimpo market in South Korea. March ESR China completed its rooftop solar project at ESR Shenyang Yibei Logistics Park in China, contributing renewable energy to the power grid in Shenyang and providing an alternative green power source for tenants and local communities. ESR received approval from The Stock Exchange of Hong Kong Limited on the proposed potential listing of a China REIT on the Shanghai Stock Exchange. ARA partnered SMFL MIRAI Partners Company, Limited and Kenedix, Inc. to jointly invest in a second property in Singapore, Lazada One, a Green Mark Platinum certified commercial building. ESR took a strategic stake in Vietnam’s leading logistics and industrial player – BW Industrial, accelerating its expansion in a high growth market. January August ESR closed the first HK$1.6 billion Sustainability-Linked Loan in Hong Kong for a brown field data centre project, ESR HK1 Data Centre. ESR Japan commenced the development of ESR Kawanishi Distribution and Techno Park, which will be the largest distribution hub in Japan with a GFA of approximately 750,000 sqm. ESR China completed ESR Taicang Dongyouyue Industrial Park located in Taicang (within Suzhou), which is home to a national-level economic development zone and a provincial level high-tech zone. ESR established its largest-ever RMB Income Fund in China with a total investment capacity of approximately RMB10 billion. May ESR expanded into Thailand, with the opening of its Thailand office and is developing two logistics and industrial parks in Rojana Industrial Estate Laemchabang and Asia Industrial Estate Suvarnabhumi. ESR announced a strategic partnership with Indonesia Investment Authority and MC Urban Development Indonesia to invest in the development of modern warehouse facilities in Indonesia, marking the start of ESR’s fund and investment management business in the country. Geomdan Logistics Park, Geomdan New City, Korea
RkJQdWJsaXNoZXIy MTIwODcxMw==