China's securities regulator approves ESR Group's logistics real estate IPO, raising approximately $336m.

China's securities regulator approves ESR Group's logistics real estate firm listing in the country, enabling the company to raise approximately 2.44bn yuan ($336m) via an IPO. The ESR C-REIT, which will comprise three logistics facilities in Kunshan, Jiangsu Province, China, aims to provide future assets for acquisition from ESR's quality portfolio of assets under management and development pipeline.

9 months ago
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