Added to YB: 2025-01-29
Pitch date: 2024-12-31
1821.HK [bullish]
ESR Group Limited
+8.38%
current return
Author Info
No bio for this author
Company Info
ESR Group Limited, together with its subsidiaries, operates as a real asset owner and manager in Greater China, Japan, South Korea, Australia, New Zealand, Southeast Asia, India, Europe, Singapore, and internationally.
Market Cap
HKD 7.0B
Pitch Price
HKD 11.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
104.28
P/E
-9.59
EV/Sales
20.80
Sector
Real Estate Management and Development
Category
special_situation
Third Avenue International Real Estate Value Fund Portfolio Holding: ESR
1821.HK: ESR receives privatization offer at HK$13/share from Starwood-led PE consortium. Fund views price as opportunistic, below valuation range & recent transaction multiples. Prefers alternatives: spin-off Australian biz or continue streamlining. Monitoring pre-vote developments.
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