ESR Cayman’s $1.6 billion Hong Kong IPO

Global Law Office and Latham & Watkins have advised industrial property investor ESR Cayman on its $1.6 billion IPO on the Hong Kong Stock Exchange, with Commerce & Finance Law Offices and Freshfields Bruckhaus Deringer advising the underwriters.

ESR Cayman, founded in 2011 and backed by US private equity investor Warburg Pincus, is the largest logistics real estate operator in Asia-Pacific, with business covering China, Japan, Singapore, South Korea, Australia and India.

The Global Law team was led by partners Zhang Yu and Lin Huawei. The Latham team was led by Hong Kong partners Amy Beckingham, Benjamin Su and Terris Tang, while the Freshfields team was led by Hong Kong partner Grace Huang and Singapore partners Stephen Revell and Arun Balasubramanian.