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ESR LOGOS REIT (SGX:J91U) Deferred Policy Acquisition Costs


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What is ESR LOGOS REIT Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


ESR LOGOS REIT (SGX:J91U) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESR LOGOS REIT (SGX:J91U) » Definitions » Deferred Policy Acquisition Costs
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Address
5 Temasek Boulevard, No. 12-09 Suntec Tower Five, Singapore, SGP, 038985
ESR-Logos REIT is a Singapore-focused REIT that invests primarily in industrial properties and business parks. Its portfolio consists of 82 properties (including joint ventures), with assets under management of SGD 5 billion, spreading across Singapore, Australia and Japan. Property types include business parks, general industrial, logistics and warehouse, and high-specification industrial properties. The trust also invested in three property funds, namely ESR Australia Logistics Partnership, New LAIVS Trust, and Oxford Property Fund. The trust is externally managed by ESR Funds Management (S) Limited, which in turn is majority-owned by parent, ESR Group. Overall, ESR Group has around 10% stake in the trust through direct and indirect interests.