ENHANCED AND OPTIMISED PORTFOLIO Aligned with our capital Recycling strategy, we successfully acquired two “On-Strategy” assets in Japan and Singapore, significantly enhancing the quality of ESR-REIT’s portfolio. Additionally, we advanced our portfolio Rejuvenation strategy to build a resilient and well-balanced portfolio and divested two non-core assets in FY2024 at a premium above valuation, using the proceeds to strengthen our balance sheet. This strategically positions ESR-REIT favourably to reinvest in high-potential New Economy assets. ESR Yatomi Kisosaki Distribution Centre, Japan
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