Eza Hill expands into Indonesia with deals for three logistics hubs

The Singapore real asset business, backed by Hillhouse, has bought logistics' assets worth $148m from a ESR Group fund, as it eyes SEA expansion.
November 28, 2024

Eza Hill Property Management, a Singapore-based real asset business backed by Rava Partners, the real assets strategy of Hillhouse, has acquired three Indonesian logistics hubs from LILV Portfolio, a fund managed by ESR Group.

The investment comprises a portfolio of three logistics assets worth $148 million in Greater Jakarta totaling 137,000 sqm of built-up net lettable area NLA. In addition, two of the properties also have 274,000 sqm of developable NLA which Eza Hill could develop to further grow the portfolio.

The properties are in the industrial and logistics sub-markets of Cikarang, Cibitung and Cileungsi which cater to different stages of the supply chain from production...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222