APRIL • ESR acquired its first key data centre asset in Osaka, Japan, which will be developed into a multi-phase data centre campus. • In India, ESR leased 108,000 sq. ft. of industrial space at ESR Oragadam Industrial & Logistics Park to CUBIC. FEBRUARY • ESR Australia partnered with DHL Supply Chain to develop a 70,000 sqm custom solar-powered and carbon-neutral pharmaceutical distribution facility at ESR Bringelly Road Business Hub. MARCH • ESR was selected as a constituent of Hang Seng Composite Index, and included in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programmes. • In India, a 38-acre industrial and logistics park is planned in Chakan, to serve as the hub for light manufacturing and logistics in the country’s western region. • In Australia, ESR acquired a fully leased office and warehouse complex in Macquarie Park NSW for A$71 million, that is slated for a planned redevelopment into A-Grade office buildings. • ESR issued S$200 million NC5 fixed rate perpetual resettable step-up subordinated securities at a distribution rate of 5.65%. MAY • In Japan, ESR and M&G Real Estate Asia (“M&G”) purchased a significant stake in ESR Ichikawa Distribution Centre through a longterm core investment joint venture, from ESR-managed Redwood Japan Logistics Fund II (“RJLF II”). • ESR acquired its first strategic asset in Hong Kong’s Kwai Chung district, which will be converted into a data centre. • ESR entered into a joint venture with BW Industrial Development Joint Stock Company (“BW”) for a 240,000 sqm industrial development project near Ho Chi Minh City, marking its maiden entry into Vietnam. • ESR divested 10.0% of stake in ESR Australia Logistics Partnership (“EALP”) to ESR-REIT for A$60.5 million, marking ESR-REIT’s first acquisition from the Sponsor's pipeline and overseas expansion. • In Australia, ESR secured pre-commitments of 36,000 sqm of warehouse space from two anchor tenants at ESR Horsley Logistics Park. FY2021 YEAR IN REVIEW 71-93 Whiteside Road, Clayton South, Victoria, Australia R E A C H I N G N E W H E I G H T S 12 ESR STANDALONE FY2021 STRATEGIC REPORT
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