Logistics real estate major ESR expects demand for quality properties – predominantly from e-commerce tenants – to grow further in 2020 amid a market dislocation caused by the COVID-19 after the company witnessed “minimal disruptions” across the portfolio in the first quarter.
“ESR has only witnessed minimal disruptions across our portfolio,” said Jeffrey Perlman, non-executive chairman of ESR, during a live webcast session to announce the firm’s 2019 annual financial results on Monday.
