ESR

2022 - 7 - 25

ESR announces over US$1 billion first close of inaugural Data ... (PR Newswire Asia)

Total initial investment capacity (including leverage) of US$ 2.5 billion to supercharge ESR's digital infrastructure business across APAC ...

Devashish Gupta, ESR Data Centres CIO, elaborated: "The APAC Data Centre fund is uniquely placed to take advantage of ESR Group's adjacencies in land, power, fibre origination, strong pipeline of recently acquired data centre specific sites, a dedicated team of experienced Data Centres' professionals, and partnerships with best-in-class data centre operators for co-location assets. ESR is APAC's largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. Jeffrey Shen and Stuart Gibson, Co-founders and Co-CEOs of ESR, said: "APAC is the prime market for data centre development and investment in the new era of digitalisation. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index. More information is available at www.esr.com. ESR's current data centre development portfolio comprises data centre projects primely located in major data centre clusters across Asia, including Hong Kong, Osaka, Tokyo, Seoul, Sydney, Mumbai and Singapore, delivering 300 megawatts ("MW") IT load. ESR DC Fund 1 brings together some of the world's largest institutional investors, including sovereign wealth and pension funds.

Post cover — Image courtesy of "The Business Times"

ESR raises over US$1 billion in first close of inaugural data centre ... (The Business Times)

REAL asset manager ESR Group on Monday (Jul 25) announced the first close of more than US$1 billion in equity commitments for its inaugural data centre fund ...

ESR makes first close of inaugural Data Centre Fund at $1bn (Private Equity Wire)

ESR Group Limited (ESR), APAC's largest real asset manager powered by the New Economy, has made the first close of over $1 billion in equity commitments for ...

ESR Exceeds $1B at First Closing of Data Centre Fund - Mingtiandi (Mingtiandi)

ESR has raised more than $1 billion for its Data Centre Fund 1, the company's first vehicle targetting digital infrastructure in Asia.

With the upsize option, and after adding leverage, the Warburg Pincus-backed investment manager expects Data Centre Fund 1 to have a total investment capacity of as much as $7.5 billion over time. They added that, “The substantial first close of our inaugural data centre fund marks a significant milestone for ESR as we continue to grow and scale our digital infrastructure business.” In May of this year ESR took on its second data centre project in Japan as it announced plans to install 20 megawatts of capacity after acquiring a site in western Tokyo’s Higashikurume City.

ESR raises initial US$1bn for inaugural data centre fund (IPE Real Assets)

Additionally, the capital partners have an upsize option of an additional equity commitment of US$1.5bn, which would bring the total investment capacity to as ...

Devashish Gupta, ESR data centres CIO, said: “The APAC data centre fund is uniquely placed to take advantage of ESR Group’s adjacencies in land, power, fibre origination, strong pipeline of recently acquired data centre specific sites.” ESR will raise a separate discretionary capital sleeve to co-invest in Data Centre Fund 1, which is expected to close the balance of the fund at the hard cap of US$1.5bn. Jeffrey Shen and Stuart Gibson, co-founders and co-CEOs of ESR, said as the largest new economy real estate platform in Asia-Pacific, the group was looking to meet the critical need for digital infrastructure in the region.

ESR makes first close of inaugural Data Centre Fund at $1bn (Private Equity Wire)

ESR Group Limited (ESR), APAC's largest real asset manager powered by the New Economy, has made the first close of over $1 billion in equity commitments for ...

ESR makes first close of inaugural Data Centre Fund at $1bn ESR DC Fund 1 brings together some of the world’s largest institutional investors, including sovereign wealth and pension funds. ESR Group Limited (ESR), APAC’s largest real asset manager powered by the New Economy, has made the first close of over $1 billion in equity commitments for its inaugural vehicle, Data Centre Fund 1 (ESR DC Fund 1), dedicated to the development of its growing data centre business.

ESR closes first data centre fund, raising more than US$1 billion (The Edge Singapore)

ESR Data Centre Fund 1, as the fund is called, drew investors ranging from sovereign wealth funds and pension funds. ESR will raise a separate discretionary ...

Hong Kong's ESR makes $1b first close of inaugural data centre fund (DealStreetAsia)

The fund is expected to close at the hard cap of $1.5 billion.

Early this month, ESR agreed to sell an 873,000 sq m balance sheet portfolio in China to an unnamed global institutional investor. In addition to the main fund, which is expected to close at the hard cap of $1.5 billion, ESR said it will also raise a separate discretionary capital sleeve to co-invest into the fund. “The substantial first close of our inaugural data centre fund marks a significant milestone for ESR as we continue to grow and scale our digital infrastructure business,” said ESR’s co-founders and co-CEOs Jeffrey Shen and Stuart Gibson.

ESR

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