ESR draws more funding amid Asian logistics boom

CLSA invests in the logistics property developer also known as e-Shang Redwood, sealing its fourth private fundraising in 18 months.

ESR draws more funding amid Asian logistics boom

ESR, the specialist Pan-Asian industrial property developer, has sealed its fourth private fundraising in 18 months amid continuing strong demand in the region for modern logistics assets.

Although the size of the investment was not disclosed, the company commonly known as e-Shang Redwood said on Monday that it had raised new capital from the Citic Securities One-Belt-One-Road Fund, a private equity fund run by CLSA.

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