Warburg Pincus-backed ESR plans REIT IPO of South Korean assets to raise $321m

Warburg Pincus-backed ESR plans REIT IPO of South Korean assets to raise $321m

Hong Kong-based logistics real estate developer ESR plans to launch an initial public offering (IPO) of ESR Kendall Square REIT, a real estate investment trust (REIT) comprising South Korean assets, according to a recent filing.