Should I Buy ESR Stock in Singapore in 2025?

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At HelloSafe, our expert has been tracking the performance of ESR for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by ESR.

What is ESR?

How much is ESR stock?

The price of ESR stock is steady this week. The current price is HKD 12.94, with a 24-hour increase of 0.15% and a slight weekly decrease of 0.62%. ESR’s market capitalization stands at HKD 54.97 billion, and its average three-month trading volume is 6.83 million shares. The P/E ratio is not applicable due to negative earnings; the dividend yield is 1.95%, and the stock beta is 0.72, indicating relatively low volatility. With the stock trading near its privatization offer, attention remains high among investors monitoring deal completion and sector potential.

Our full analysis of the ESR stock

Having reviewed ESR’s latest financial results and examined the stock’s trajectory over the past three years, this analysis draws upon proprietary algorithms incorporating financial indicators, technical signals, market data, and peer comparisons. The synthesis of these sources offers a comprehensive and nuanced perspective. So, why might ESR stock once again become a strategic entry point into the logistics real estate and technology infrastructure sector in 2025?

Recent performance and market context

ESR stock has shown notable resilience in 2025, currently trading at HK$12.94, near its 52-week high and just below the privatization offer price of HK$13.00. Despite a minor weekly pullback of 0.62%, the stock has delivered an impressive 19.37% gain over the past year and is up 8.38% over the last six months, reflecting renewed institutional confidence and robust investor participation. The most significant recent event shaping the stock’s valuation is the high-profile privatization proposal, backed by global institutional heavyweights such as Starwood Capital Group, Sixth Street Partners, and Warburg Pincus. This deal, at a substantial premium to previous market prices, underscores the perceived deep value and strategic relevance of ESR’s asset platform.

In the broader context, ESR continues to benefit from Asia-Pacific’s accelerating e-commerce adoption, surging demand for modern logistics facilities, and the expansion of digital infrastructure. The region’s macroeconomic recovery and pro-growth policies further support logistics real estate and data infrastructure, with Singapore investors particularly attentive to opportunities that align with structural shifts in consumer and business behaviour.

Technical analysis

From a technical standpoint, ESR demonstrates strong positive momentum as it trades close to its 52-week high of HK$12.98. The 24-hour uptick of 0.15%, while modest, reflects underlying buying interest near key resistance levels. The stock’s RSI and moving averages indicate a market in transition toward further bullishness: trading above key short- and medium-term averages signals growing upside pressure. The MACD, while neutral at present, has stabilized after previous crossovers, suggesting diminishing bearish momentum and potential for a reversal in trend. Major technical support is established at HK$10.42, with current price action compressed between solid support and imminent resistance—precisely the zone where significant upside breakouts often materialize as news flow and liquidity converge.

Seen in this light, ESR’s pattern offers an ideal entry window for investors seeking positioning ahead of a possible deal closure or renewed strategic announcements. Volume consolidation near resistance further signals that a larger directional move may be imminent, with short-term technical risks balanced by robust longer-term technical structure.

Fundamental analysis

Turning to the fundamentals, ESR’s business model continues to display formidable scale and diversification as the largest APAC-focused logistics real estate and data center platform. FY2024 revenue came in at US$639 million, a contraction largely the result of non-cash revaluations and marked-to-market adjustments under strained market conditions rather than core operational weakness. Importantly, fee-related assets under management surged to US$71.4 billion—a testament to ESR’s growing dominance in third-party capital management and its role as a platform operator rather than a pure asset owner.

While net income was negative at -US$360 million due to revaluations, fund management EBITDA remained solid at US$321 million. The company retains substantial liquidity—US$4 billion in cash and committed facilities—a crucial buffer supporting ongoing operations and growth initiatives. Valuations remain compelling: while a trailing P/E is not currently meaningful due to the annual loss, price-to-book and enterprise value to AUM ratios reflect an attractive entry point relative to sector peers, particularly in light of ESR’s established APAC footprint and strategic assets.

Critically, ESR possesses unique structural strengths: its logistics portfolio aligns directly with the rise of e-commerce, regional supply chain modernization, and digital transformation. The company’s first-mover advantages in hyperscale data centers, combined with its successful execution of high-profile projects (such as the ESR Cosmosquare in Japan), underpin its innovative credentials and reinforce its market leadership in an increasingly competitive landscape.

Volume and liquidity

Sustained investor interest is evidenced by the three-month average daily trading volume of 6.83 million shares, affirming deep liquidity and institutional participation. The public float remains substantial at nearly 2 billion shares, supporting efficient price discovery and minimizing the risk of illiquidity often seen in sector specialists.

This robust trading activity is a hallmark of institutional confidence and helps facilitate dynamic valuation adjustments in response to major news or deal developments. It also means that market participants benefit from tight bid-ask spreads and the capacity to enter or exit positions around major catalysts with relative ease—an often under-appreciated feature that enhances the attractiveness of ESR as an investment vehicle in dynamic market conditions.

Catalysts and positive outlook

Looking ahead, ESR’s outlook is underpinned by a series of powerful and converging catalysts:

• Privatization Proposal: The pending buyout at HK$13.00 per share represents a 55.7% premium to the undisturbed trading price prior to announcement and has already received irrevocable support from a majority of disinterested shareholders. Such a high-confidence transaction, led by global investment heavyweights, compellingly endorses the strategic value of ESR’s integrated asset-light model and expansive APAC reach.
• APAC Digital Economy Growth: ESR stands uniquely positioned to capture secular growth from the ongoing expansion of e-commerce, cloud computing, and digital services. Its aggressive pipeline in logistics real estate and data centers directly benefits from regional digitalization trends and rising demand for advanced distribution networks.
• Data Center and Infrastructure Investments: With over 375 megawatts of data center projects under construction and a 2-gigawatt long-term development pipeline, ESR is scaling to meet explosive data infrastructure demand. The company’s expansion in renewables and next-generation infrastructure signals strong ESG credentials—a growing consideration for global capital flows.
• Capital Raising and Platform Evolution: Successfully raising US$5.4 billion in new capital despite a challenging macro environment is a testament to ESR’s reputation and network, enabling it to pursue high-value development, acquisitions, and new platform launches.
• ESG and Sustainability Leadership: ESR’s no. 1 ranking in the PERE APAC Fund Manager Guide and emphasis on decarbonization initiatives reinforce its appeal to sustainability-focused investors, aligning operational growth with long-term global stewardship trends.

Moreover, regional regulatory trends remain supportive, and a cyclical recovery in logistics and infrastructure spending is expected to drive earnings recovery and revaluation across key APAC markets.

Investment strategies

Given its current position near a significant technical threshold and a confirmed strategic event (the privatization offer), ESR stands out as a compelling consideration for a variety of investment horizons:

• Short term: With the share price tightly anchored near the privatization bid, investors may benefit from a “special situations” premium and low near-term downside. Deal closure, anticipated in 2025, could quickly realize this value.
• Medium term: For those looking to capitalize on ongoing transformation in logistics and data infrastructure, ESR’s robust portfolio, proactive capital allocation, and leadership in fee-based asset management offer mid-cycle growth potential. Catalysts such as new project launches, data center openings, and regional regulatory shifts could unlock incremental value.
• Long term: ESR’s diversified platform and APAC leadership provide enduring exposure to powerful secular trends—the digitalization of commerce, transformation of supply chains, and green infrastructure build-out. The company’s demonstrated ability to attract global partners, raise capital, and execute transformational M&A suggests ongoing shareholder value creation in the coming years.

Ideal positioning may involve technical accumulation around current levels, ahead of final deal execution or anticipated operational milestones in data infrastructure and logistics build-out.

Is it the right time to buy ESR?

In summary, ESR’s combination of strategic assets, market leadership, and near-term deal catalysts forms the foundation for a highly attractive investment profile. The stock offers substantial protection on the downside, with its current price anchored by the privatization offer, while its long-term growth engines in data centers and APAC logistics offer unbounded potential. High liquidity, proven management, and a dynamic, capital-rich platform create the conditions for sustained outperformance as secular trends accelerate.

With these credentials, ESR seems to represent an excellent opportunity for investors seeking high-quality, Asia-Pacific real estate and digital infrastructure exposure at an attractive price—especially amid a global environment where such platforms are scarce and increasingly valuable. As always, measured positioning and attention to execution timing will serve Singapore investors well. ESR appears poised for a new bullish phase, and its structural strengths and pending catalysts deserve a central place in any forward-looking investment strategy. For discerning investors, ESR offers both security and upside at a moment when secular trends and strategic moves are aligning perfectly.

How to buy ESR stock in Singapore?

Buying ESR stock online in Singapore is straightforward and secure when you use a regulated broker. There are two main ways to invest: you can make a spot (cash) purchase of actual ESR shares, or trade Contracts for Difference (CFDs) to speculate on price movements with leverage. Both methods are available on major online trading platforms and each has its own characteristics and fees. To help you choose the right option, you’ll find a detailed comparison of recommended brokers further down the page.

Cash buying

A cash purchase means buying actual ESR shares on the Hong Kong Stock Exchange (SEHK) and holding them in your account until you decide to sell. Fees typically include a fixed commission per order, usually from S$5 to S$20, plus small exchange and custody fees.

Example of a Gain Scenario

If the ESR share price is HK$12.94 (about S$2.25), you can buy around 440 shares with a S$1,000 stake, including a brokerage fee of around S$5.
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth S$1,100.
Result: +S$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading on ESR shares allows you to speculate on price movements without owning the actual stock. You open a position with a broker, setting your exposure with leverage—typically up to 5x or more. Unlike cash buying, this involves a spread (difference between buy and sell prices) and overnight financing fees if you hold positions beyond one day.

Gain scenario

You open a CFD position on ESR shares, with 5x leverage and a S$1,000 stake.
This gives you a market exposure of S$5,000.
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +S$400 gain, on a bet of S$1,000 (excluding fees).

Final advice

Before buying ESR stock, be sure to compare the fees, trading conditions, and features offered by different brokers. Your choice should be guided by your investment goals: holding shares for the long term generally suits cash purchases, while active speculation may be better with CFDs. You’ll find a detailed broker comparison further down the page to help make your decision easier.

Our 7 tips for buying ESR stock

The latest news about ESR

ESR stock continues to trade near the privatization offer price of HK$13.00, reflecting strong market confidence in the deal’s completion. As of July 7, 2025, ESR is maintaining its position at HK$12.94, close to its 52-week high, with trading activity indicating stability and limited downside risk for current investors in Singapore and the region.

ESR advances its APAC data center and infrastructure strategy, with 375 MW under construction and a pipeline exceeding 2 GW. This expansion aligns with high demand across Asia, offering solid growth prospects and reinforcing the group’s relevance for professional and institutional investors in Singapore seeking regional exposure in digital infrastructure and logistics assets.

Singapore-based investors benefit from the group’s pan-APAC platform and active regional development workbook valued at US$11.4 billion. ESR’s direct presence and investment potential across Southeast Asia, including Singapore, cater to stakeholders tracking real estate and technology driven by e-commerce and urbanization trends in the region.

ESR demonstrates resilience in capital markets by raising US$5.4 billion in FY2024 despite challenging conditions for global real estate. This successful fundraising effort enhances the company’s balance sheet and supports ongoing growth initiatives, a constructive signal for Singapore analysts prioritizing financial robustness and execution capability in regional players.

ESR’s leadership in ESG and recognition as #1 APAC real estate fund manager in PERE’s 2025 guide underscore its long-term positioning. Sustained focus on decarbonization, infrastructure renewal, and responsible asset management add to the company’s appeal, particularly for Singapore’s institutional investors seeking alignment with global sustainability standards.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.