ESR bets big on Thai logistics real estate amid favourable market conditions

ESR bets big on Thai logistics real estate amid favourable market conditions

(From L-R): Jai Mirpuri, head, Singapore development & Thailand; Jinchu Shen (Jeffrey), Co-founder & co-CEO; and Stuart Gibson, co-founder & co-CEO, at ESR Group

Hong Kong-listed real estate giant ESR is ploughing ahead with a $1-billion investment to expand its presence in Thailand over the next five years, betting on a favourable market environment for logistics real estate in Southeast Asia’s second-largest economy.

Edited by: Padma Priya

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