Redwood Group and e-Shang Cayman merger

Overview:

• Redwood Group has completed an all-stock merger with e-Shang Cayman.
• The combined group will be renamed e-Shang Redwood (ESR) and will be one of the largest logistics real estate platforms in Asia with over 3.5 million square metres of projects owned and under development across China, Japan and South Korea, and capital and funds management offices in Hong Kong and Singapore.
• ESR is now one of Asia's largest third-party landlords for some of the world's top e-commerce companies as well as for cold-chain logistics.

 Katrin Kostadinova - Data analyst