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ESR raises $1bn

The Hong Kong-headquartered firm held a final close on its development joint venture vehicle.

  • Fund name: ESR-KS II (Joint Venture)
  • Amount raised: $1 billion
  • Stage of fundraising: Final close
  • Final close date: June 2020
  • Time on the road: Three months

ESR has held a final close on ESR-KS II (Joint Venture) on $1 billion. The development vehicle will target the industrial and logistics sectors in South Korea.