Industry Newsroom

OMERS Acquires Additional 7% Stake in Warburg-Backed ESR at Reported USD490m

Ontario Municipal Employees’ Retirement System (OMERS) has acquired an additional 7% stake in ESR Cayman, a Hong Kong-based logistics real estate platform backed by Warburg Pincus, from WP OCIM One, an associated entity of Warburg Pincus, at a reported HKD3.8b (approximately USD490m). OMERS now holds a 15.96% stake, while WP OCIM retains a 9.1% stake in the company. Read more