Allens has advised ESR on the establishment of its strategic real estate partnerships in Australia: the $1 billion ESR Australia Development Partnership and the ESR Australia Logistics Partnership. The vehicles have been established with cornerstone investor GIC, and are focused on acquiring and developing portfolios of logistics property assets on the Eastern seaboard.
'Congratulations to ESR Australia on this exciting milestone,' said Marc Kemp, who led the Allens team.
'We enjoyed working with the energetic and talented team at ESR Australia, and look forward to continuing our relationship as they build their Australian funds management business.'
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