ESR-REIT Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SGX:9A4U Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
25 Apr 25	BuyS$196,559	Nagaraj Sivaram	Individual		93,600	S$2.10
23 Apr 25	BuyS$11,611	Cheng Aun Lim	Individual		5,528.5	S$2.10

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 9A4U?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	3,916,830	0.487%
Individual Insiders	43,778,068	5.45%
Institutions	133,325,051	16.6%
Private Companies	150,766,946	18.8%
General Public	471,890,290	58.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 40.28% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.7%	ESR Group Limited	102,066,746	S$283.7m	0%	no data
5.58%	ARA Logistics Partners Limited	44,842,922	S$124.7m	0%	no data
5.33%	Jinquan Tong	42,798,782	S$119.0m	0%	no data
3.18%	The Vanguard Group, Inc.	25,541,908	S$71.0m	-0.08%	no data
3.06%	ESR-REIT Management (S) Limited	24,565,213	S$68.3m	5.52%	100.0%
1.98%	BlackRock, Inc.	15,906,610	S$44.2m	0.95%	no data
1.49%	Norges Bank Investment Management	11,981,979	S$33.3m	0%	no data
0.95%	Mirae Asset Global Investments Co., Ltd.	7,613,900	S$21.2m	2.55%	0.01%
0.87%	Dimensional Fund Advisors LP	7,011,751	S$19.5m	0.11%	no data
0.63%	SBI Okasan Asset Management Co., Ltd.	5,101,900	S$14.2m	0%	0.5%
0.62%	Lion Global Investors Limited	4,949,234	S$13.8m	0%	0.37%
0.55%	LaSalle Investment Management Securities, LLC	4,447,040	S$12.4m	0%	0.3%
0.52%	SRE Capital Pte. Ltd.	4,159,323	S$11.6m	134,000%	1.82%
0.5%	Ifast Financial Pte. Ltd.	3,988,407	S$11.1m	0%	0.6%
0.49%	PSC Corporation Ltd.	3,916,830	S$10.9m	0%	no data
0.48%	Meiban Group Pte. Ltd.	3,857,278	S$10.7m	0%	no data
0.28%	Manulife Asset Management	2,222,575	S$6.2m	0%	no data
0.19%	UBS Asset Management AG	1,557,687	S$4.3m	0%	no data
0.18%	State Street Global Advisors, Inc.	1,450,309	S$4.0m	1.57%	no data
0.15%	Charles Schwab Investment Management, Inc.	1,220,352	S$3.4m	0%	no data
0.13%	Legal & General Investment Management Limited	1,031,350	S$2.9m	0%	no data
0.12%	Eastspring Investments (Singapore) Limited	960,263	S$2.7m	0%	0.01%
0.12%	Northern Trust Global Investments	943,774	S$2.6m	0%	no data
0.1%	Nomura Asset Management Co., Ltd.	818,025	S$2.3m	0%	no data
0.093%	HSBC Global Asset Management (UK) Limited	748,846	S$2.1m	8.41%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/06 03:42
End of Day Share Price	2025/12/05 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ESR-REIT is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mun Yee Lock	CGS International
Justin Jenkins	CGS International
Brandon I. Lee	Citigroup Inc