Following the completion of the proposed ARA acquisition on Jan 20, the ESR Group, which is the sponsor of ESR-REIT, is now an indirect majority controlling shareholder of the LOGOS group.
The manager of ESR-REIT, on Feb 9, released answers to a list of frequently asked questions (FAQ) in relation to the proposed merger of ESR-REIT and ARA LOGOS Logistics Trust (ALOG).
Within the list, the REIT manager explained that growth for both REITs are likely to be “negatively impacted” should the conflicts of interest arising from being under a common sponsor are not resolved.
