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ESR-LOGOS REIT Review @ 1 November 2022
By REIT-TIREMENT  •  November 1, 2022
Basic Profile & Key Statistics
Main Sector(s): Logistics, Industrial & OfficeCountry(s) with Assets: Singapore & Australia
No. of Properties (exclude development/associate/fund): 82

Key Indicators

Performance Highlight
Gross revenue and NPI have improved yoy due to the merger with ARA LOGOS Logistics Trust in April this year.


Rental Reversion
Rental reversion is at 11.4% for both 3Q 2022 and YTD 3Q 2022. 
Acquisition
The acquisition of ESR Sakura DC has completed on 31 October 2022.

Divestment

E-LOG divested 3 Sanitarium Drive on 22 Jul. The divestment of 49 Pandan Road and 2 Jalan Kilang Barat is expected to complete by this year-end.

Development & Asset Enhancement Initiatives
The development of 21B Senoko Loop is expected to be completed in 1Q 2024. The AEI for 7002 AMK Ave 5 and 16 Tai Seng St is expected to be completed by 3Q 2023 and 1Q 2024 respectively. 53 Peregrine Dr has completed
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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