ESR IR 2021 - EN
ESR Interim Report 2021 1H2021 Operational Highlights 5 Fund AUM increased 38% year-on-year to US$ 32.7 billion Powered by New Economy – Leased 1.6 million sqm of space 1 primarily to new economy tenants – E-commerce and 3PLs remain key demand drivers representing 64% of portfolio leases 1,2 Raised US$ 2.5 billion with new/upsized funds Strong Portfolio Fundamentals – 3.8 years weighted average lease expiry (WALE) 3 – 89% portfolio occupancy 5 Over US$ 4.4 billion of committed but uncalled capital Robust landbank of 2.9 million sqm US$ 1.2 billion of development starts and US$ 0.9 billion of development completions US$ 5.5 billion of development work in progress (WIP) 4 Notes: 1. Based on investment properties on balance sheet and investment properties held in the funds and investment vehicles. 2. Based on income for 1H2021. 3. Based on investment properties on balance sheet and investment properties held in funds and investment vehicles by leased area and by income as at 30 June 2021. 4. Based on estimated total cost. 5. Based on stabilised investment properties on balance sheet.
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