ARA: REIT Pioneer Wins Recognition for its Transformative Efforts in Sustainability
Established in 2002, ARA Asset Administration Restricted (ARA) is a number one APAC actual belongings fund supervisor which manages actual property funding trusts (REITs), non-public actual property fairness and credit score funds, and infrastructure funds with a footprint in 28 nations globally, and S$110 billion1 in gross belongings underneath administration at current.
ARA Asset Administration is without doubt one of the pioneers within the REIT (actual property funding belief) business in Singapore.
Broadly recognised as one of many pioneers within the Singapore REIT business, ARA launched Asia’s first cross-border REIT, Fortune REIT, Singapore’s first composite REIT, Suntec REIT, Hong Kong’s first workplace/industrial REIT, Prosperity REIT, industrial REIT, ARA LOGOS Logistics Belief, the primary offshore RMB-denominated REIT, Hui Xian REIT and Singapore’s first pure-play US upscale select-service hospitality belief, ARA US Hospitality Belief.
Past REITs, ARA additionally manages non-public actual property funds and infrastructure funds. Embracing an investor-cum-operator philosophy, the corporate has constructed a crew of actual property professionals throughout the area to put money into and handle properties in a number of asset courses.
With a imaginative and prescient to create and handle sustainable actual belongings, ARA maintains a powerful dedication to ESG. As an exemplary investor-operator, the corporate has made ESG an integral a part of its asset acquisition, administration and operations through the years. Its long-standing dedication to sustainability consists of elevating ESG requirements for the properties that it manages, supporting the group, taking good care of its individuals, in addition to decreasing its carbon footprint and combating local weather change. These have led to constant development and funding returns for its buyers.
ARA’s Environmental stewardship focuses on the efficient administration of its belongings to decrease its environmental footprint, preserve pure assets and fight local weather change. These efforts have been recognised by business friends by means of environmental certificates and awards, together with GRESB 5-Star scores, LEED Gold Award, and the ESG Actual Property Investor of the Yr 2019 — Asia.
A number of of ARA’s eco-friendly properties
DHL Provide Chain Superior Regional Centre, Singapore (one of many logistics warehouses underneath ARA LOGOS Logistics Belief) and Century Hyperlink in Shanghai, China (Concord VI) have each achieved the LEED Gold® certification
ARA’s Social pillar focuses on individuals and group, because it strives to be an employer of alternative and a powerful advocate of variety and inclusion. The corporate, through its international places of work, contributes to the communities it operates in by means of numerous CSR initiatives, energetic employees voluntarism and philanthropy. It additionally goals to work collaboratively with all its stakeholders to realize best-in-class belongings and companies.
On the Governance entrance, ARA is dedicated to the very best requirements of company governance and has constructed a enterprise with sturdy moral requirements. ARA has an impeccable monitor file and a popularity for sturdy company governance.
In 2020, different noteworthy developments of the corporate embrace its acquisition of a majority stake in LOGOS Group, a number one logistics developer and actual property specialist in APAC, combining ARA’s international fund administration capabilities with LOGOS’ intensive APAC logistics property and growth experience. Through the 12 months, ARA additionally established its actual property credit score enterprise with the acquisition of a majority stake in Venn Companions (renamed ARA Venn), a specialist funding supervisor in actual belongings non-public debt inside Europe. The corporate additionally made its foray into actual property fintech through an funding in Minterest, a number one Singapore-based crowdfunding platform. As a forward-looking organisation, ARA goals to leverage know-how to create a digital market that gives an environment friendly fund-raising platform, enabled by blockchain and tokenisation know-how, to remodel entry to capital and search out new investor swimming pools.
In a submit pandemic world, financial and social behaviour will change, impacting the demand drivers for actual belongings in the long term. Whereas the longer term is unsure, ARA is definitely positioning itself for a brand new regular within the international actual belongings fund administration business.
[1] Contains belongings underneath administration by ARA Asset Administration Restricted and the Group of firms (“ARA Group”) and its Associates as at 30 June 2020
Comments
Post a Comment