Assets
+ ESR Cayman
History
2021: Purchase of real estate fund manager ARA Asset Management for $5.2 billion
In early August 2021, a new company appeared in the three largest real estate owners in the world - Hong Kong ESR Cayman. She buys the share capital of real estate fund manager ARA Asset Management for $5.2 billion. After the acquisition, assets managed by the combined company will amount to $129 billion, which will bring ESR Cayman to the top 3 of this industry. More details here.