ESR joins HSCI
ESR Cayman, an APAC focused logistics real estate platform, has been selected as a constituent for the Hang Seng Composite Index (HSCI), effective 15 March 2021.
The ESR platform operates in the People’s Republic of China, Japan, South Korea, Singapore, Australia and India. As of 30 June 2020, the fair value of the properties directly held by ESR was listed at approximately USD 26.5 billion, and GFA of properties completed and under development comprised about 18.7 million sqm in total.
Jeffrey Shen and Stuart Gibson, co-founders and co-CEOs of ESR: "The inclusion came on the heels of ESR’s inclusion into MSCI Hong Kong Index in November 2020."
The HSCI, which has 500 constituents, offers a comprehensive Hong Kong market benchmark that covers about 95% of the total market capitalisation of companies listed on the main board of Hong Kong's stock exchange. (sh)