About UsESR Kendall Square REIT, boasting a wealth of experience and expertise in
logistics center development and operation.
Opportunity for a Sizeable Investment in Fast-Growing Logistics Sector
- Significant increase in demand of modern logistics and distribution assets in light of the accelerated growth in e-commerce since COVID-19
- Assets acquired at comparable capitalization rate (“cap. rate”) vs. the Korean market-level cap. rate of high-4% / low-5% in 1H 2020 which is expected to gradually decrease due to heightened competition over logistics asset
The Only Listed Korean Logistics REIT
- Existing listed Korean REITs focus on office and retail assets, and are therefore unable to present investors exposure to logistics assets
- ESR Kendall Square REIT will strive to become a global logistics REIT through continuous dropdown of key logistics assets (1st dropdown targeting Anseong Logistics Park)
ESR, Sponsor with APAC’s Best-in-class Logistics Asset Portfolios
- ESR Kendall Square, Korea’s #1 logistics expert, will commit c.10% equity stake to ensure responsible management
- Plan to continue the dropdowns of assets owned / under development enabling ESR Kendall Square REIT to continue its journey as Korea’s largest listed logistics REIT
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