News about ESR REIT —
ESR-LOGOS REIT is announcing the divestment of seven assets worth a combined S$337.0 million:
E-LOG’s pro forma aggregate leverage will decrease from 41.8% to 33.6% post completion
Uplifts portfolio quality with pro forma WALE increasing from 3.2 to 3.3 years, pro forma weighted average land lease expiry increasing from 37.1 to 37.9 years