With the deal expected to conclude during this quarter, it will mark the REIT's ninth asset sale in 16 months, with the manager having raised roughly S$450 million ($332 million) through the divestments. The asset sales are part of ESR-Logos REIT's strategy to dispose of non-core assets and focus on building a quality portfolio through asset enhancements, redevelopment and acquisitions, according to a February statement by the trust's manager.