Key Takeaways
- • ESR has appointed Roy Teo as head of Southeast Asia, effective January 2027, placing him in charge of the group's regional business and operations.
- • Teo will oversee development, asset management and property management across Southeast Asia and join ESR's executive leadership team.
- • Teo joins from SB Asset & Investment Management, where he served as chief executive officer, and previously led SB REIT Management through the growth and eventual privatisation of Soilbuild Business Space REIT.
- • Singapore is a key priority market under Teo, who will work alongside management of ESR-REIT, the group's Singapore-listed flagship regional vehicle.
- • The appointment follows ESR's October announcement of plans to expand into the Middle East, targeting logistics and data centre projects with a potential end value above $10 billion.
Summary
Singapore-based real asset manager ESR has appointed Roy Teo as head of Southeast Asia, effective January 2027, as the firm seeks to strengthen its regional operations and portfolio management, according to a Monday announcement.
Based in Singapore, Teo will oversee the group's business and operations across Southeast Asia, covering development, asset management and property management. He will also join ESR's executive leadership team, where he is expected to advance strategic initiatives, enhance portfolio value and improve operational performance across the region. Singapore is positioned as a priority market, with Teo expected to work alongside the management of ESR-REIT, the group's Singapore-listed flagship regional vehicle.
Teo joins ESR from SB Asset & Investment Management, where he served as chief executive officer. He previously led SB REIT Management, overseeing Soilbuild Business Space REIT through its growth, regional expansion and eventual privatisation. He brings more than 25 years of experience across real estate investment management, capital management and portfolio operations. Earlier in his career, he held senior investment and logistics portfolio positions at Ascendas Fund Management.
ESR describes itself as an Asia-Pacific real asset owner and manager focused on logistics real estate and data centres, with operations spanning Australia and New Zealand, Japan, South Korea, Greater China, Southeast Asia and India, and a presence in Europe. The appointment comes as the firm continues to oversee its regional real estate platform. In October, ESR announced plans to expand into the Middle East, targeting logistics and data centre projects with a potential end value of more than $10 billion.
Based in Singapore, Teo will oversee the group's business and operations across Southeast Asia, covering development, asset management and property management. He will also join ESR's executive leadership team, where he is expected to advance strategic initiatives, enhance portfolio value and improve operational performance across the region. Singapore is positioned as a priority market, with Teo expected to work alongside the management of ESR-REIT, the group's Singapore-listed flagship regional vehicle.
Teo joins ESR from SB Asset & Investment Management, where he served as chief executive officer. He previously led SB REIT Management, overseeing Soilbuild Business Space REIT through its growth, regional expansion and eventual privatisation. He brings more than 25 years of experience across real estate investment management, capital management and portfolio operations. Earlier in his career, he held senior investment and logistics portfolio positions at Ascendas Fund Management.
ESR describes itself as an Asia-Pacific real asset owner and manager focused on logistics real estate and data centres, with operations spanning Australia and New Zealand, Japan, South Korea, Greater China, Southeast Asia and India, and a presence in Europe. The appointment comes as the firm continues to oversee its regional real estate platform. In October, ESR announced plans to expand into the Middle East, targeting logistics and data centre projects with a potential end value of more than $10 billion.
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