Taking Stock Of Stocks

Riding on Industry 4.0 for future growth

ESR-Reit chief executive Adrian Chui's strategy for success includes tweaking the firm's portfolio to have a higher proportion of property in high-value sectors, and enhancing its existing assets.
ESR-Reit chief executive Adrian Chui's strategy for success includes tweaking the firm's portfolio to have a higher proportion of property in high-value sectors, and enhancing its existing assets.ST PHOTO: KELLY HUI

In this monthly series, The Sunday Times and the Singapore Exchange's research team interview company bosses to help investors get a better look at a firm's operations, one that goes beyond the financials. We speak to ESR-Reit chief executive Adrian Chui.

A ESR-Reit has undergone several business transformations since 2017, which has seen its portfolio size more than double, from $1.3 billion to $3.1 billion. The changes include the following:

We have reduced concentration and operational risks to our portfolio through the completion of the first Reit merger in Singapore with Viva Industrial Trust last year, and the acquisition of four properties. This has resulted in a balanced spread of assets across four industrial sub-sectors - business parks, high-specifications industrial, logistics and warehouse, and general industrial buildings.

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A version of this article appeared in the print edition of The Sunday Times on October 27, 2019, with the headline 'Riding on Industry 4.0 for future growth'. Print Edition | Subscribe