A couple of you have reached out to ask for my thoughts on the proposed merger between ESR REIT and ARA LOGOS Logistics Trust. I finally got around to taking a look at this merger, and it’s a pretty interesting one. So I wanted to take the opportunity to share my key takeaways.   What is going on: ESR REIT is acquiring ARA LOGOS Logistics Trust? Very simply, ESR REIT is acquiring ARA LOGOS Logistics Trust. ARA LOGOS Logistics Trust unitholders will get: $0.095 in cash6765 new ESR REIT Units issued at $0.51 Totalling a consideration of S$0.95. The benefits of the merger / acquisition of the 2 REITs are broadly: Economies of scaleBigger sizeIncreased exposure to new economy and freehold properties The timeline is set out below. If all goes well, the EGM to approve...