ESR-REIT
9A4U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|lrr%TT | LOCK|R@# | LOCK|V<Z>!lH |
ESR-REIT’s 2021 Results in Line; Future Growth Driven by Merger With ALOG
Business Strategy and Outlook
ESR-REIT is a Singapore-focused REIT that invests primarily in industrial properties and business space. In 2018, it merged with Viva Industrial Trust, which focuses on business parks, resulting in an increase in exposure to business parks. Its portfolio consists of 57 properties, with a valuation of more than SGD 3 billion. Property types include business parks, general industrial, logistics and warehouse, and high specifications industrial properties.
