Fundamental Sector(s): Logistics, Industrial & OfficeCountry(s) with Property: Singapore & Australia
No. of Properties (exclude improvement/affiliate/fund): 82
Gross income and NPI have improved yoy as a result of merger with ARA LOGOS Logistics Belief in April this yr.
Rental reversion is at 11.4% for each 3Q 2022 and YTD 3Q 2022.
The acquisition of ESR Sakura DC has accomplished on 31 October 2022.
E-LOG divested 3 Sanitarium Drive on 22 Jul. The divestment of 49 Pandan Street and a couple of Jalan Kilang Barat is predicted to finish by this year-end.
Growth & Asset Enhancement Initiatives
The event of 21B Senoko Loop is predicted to be accomplished in 1Q 2024. The AEI for 7002 AMK Ave 5 and 16 Tai Seng St is predicted to be accomplished by 3Q 2023 and 1Q 2024 respectively. 53 Peregrine Dr has accomplished