Starwood Capital Acquires a Minority Stake in ESR Group


On March 20, 2024, Starwood Capital Group announced that it acquired a 10.7% interest in ESR Group.

Starwood Capital Group (“Starwood Capital”) announced, on March 20, 2024, that it acquired a 10.7% ownership interest in ESR Group (“ESR”). Under the terms of the transaction, Stuart Gibson will remain Co-CEO and Executive Director and Charles de Portes will remain a Non-Executive Director of ESR. Further terms of the transaction were not disclosed.

Starwood Capital, based in Miami, Florida, is a private investment firm focused on global real estate. Starwood Capital has approximately $115 billion in assets under management.

ESR, based in Hong Kong, is a real asset manager in the Asia Pacific region. ESR has approximately $150 billion in assets under management.

To read the press release: please click here.

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