Warburg-backed ESR raising new vehicles for Japan, Australia; plans India development fund

Warburg-backed ESR raising new vehicles for Japan, Australia; plans India development fund

An e-Shang Redwood project (ESR). Photo: ESR

e-Shang Redwood or ESR – the pan-Asia logistics real estate developer, owner and operator – is raising a $500-million core-plus vehicle for Japan and an A$500 million ($370 million) debut Australia-focused fund, following its official launch earlier this year, an executive aware of the development told this portal.

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