ESR-Logos REIT Q2 2022 Results Impressive; FVE Raised on Better Margins and Higher Growth

ESR-Logos REIT primarily invests in income producing industrial and business park assets across Singapore. Most of the trust’s portfolio is in strategic locations with good access to transportation and within key industrial zones. Following a change in the major shareholder of its manager in 2017, a new management team was appointed and since then, the manager has grown the trust’s assets under management and distribution per unit by using a mixture of active lease management, asset enhancement initiatives, or AEIs and merger and acquisitions, or M&A.