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ESR Successfully Launches Korea’s First Open-ended Logistics Core Fund

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2 years ago

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Creation of new flagship logistics core fund amid a challenging market reinforces 
ESR’s best-in-class track record in Korea

HONG KONG, Feb. 14, 2024 /PRNewswire/ — ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries, the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, today announced that its South Korean platform, ESR Kendall Square (hereinafter referred to as “ESRKS”), has established Korea’s first perpetual, open-ended core logistics fund. The newly-formed core fund portfolio includes seven trophy assets which are developed and managed by ESRKS.

Strategically located in the Greater Seoul and Greater Busan areas, the initial seven assets, with a total Gross Floor Area (“GFA”) of 1 million sqm, have an average occupancy of over 99%. Built within the last three and a half years on average, these assets are state-of-the-art, Class A logistics warehouses that come with modern ESG features including rooftop solar power systems and EV charging stations for forklifts to enable tenants to enhance operational efficiency. The tenant base of the core fund portfolio primarily comprises major e-commerce and global third-party logistics (“3PL”) companies.

As an open-ended vehicle, the newly-formed core fund will have the opportunity to acquire high-quality income producing stabilised assets from not only third-party entities, but also the extensive pipeline of development assets managed by ESRKS. With its launch, ESR also now has fund structures in new development, core-plus acquisitions and two complementary perpetual core vehicles with the ESR Kendall Square REIT and the new core fund, both of which are first-of-its-kind in the market.

Jeffrey Shen and Stuart Gibson, ESR Group Co-founders and Co-CEOs, said: “ESR is delighted to lead the way with the debut of our flagship open-ended logistics core fund in Korea.  This further reinforces our strong commitment to capital recycling and the desire to retain and manage our best-in-class assets and strategic tenant relationships over the long term.  We thank our existing and new core fund investors, which include large global institutional investors, for their support. This achievement reinforces our excellent full cycle development track record in Korea, as well as the compelling long-term income potential of our market leading Korean logistics portfolio. We target to continue to bring in more high-quality institutional investors as we further scale this new vehicle.”

Josh Daitch, ESR Group CIO, commented: “The establishment of the Korea Core Fund now adds to ESR’s full range of investment products across the risk spectrum. This strategy matches product to investors’ risk tolerance and enables them to better access the compelling fundamentals of New Economy real estate in Asia. From a Group perspective, we now have dedicated and sizable core vehicles in Australia, China (both RMB and USD), Japan, Korea and Singapore with our inaugural ESR China REIT in process.” 

Thomas Nam, CEO, ESR Korea, added: “We are proud to announce another milestone in successfully establishing Korea’s first open-ended logistics core fund that will be managed perpetually. We expect modern logistics facilities, such as those in our core fund portfolio, to be increasingly sought after as they provide operational efficiencies for tenants. With this milestone, we believe that the seven trophy assets will lay the foundations for a core vehicle that will deliver long-term sustainable growth for our investors.”

ESRKS and its affiliates are together the largest logistics real estate manager in South Korea with an estimated US$14 billion of assets under management (“AUM”) and an estimated 6 million sqm of GFA to date.

About ESR  

ESR is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With approximately US$150 billion in total assets under management (AUM), our fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand and Southeast Asia, representing over 95% of GDP in APAC, and also includes an expanding presence in Europe and the U.S. We provide a diverse range of real asset investment solutions and New Economy real estate development opportunities across our private funds business, which allow capital partners and customers to capitalise on the most significant secular trends in APAC. ESR is the largest sponsor and manager of REITs in APAC with a total AUM of approximately US$45 billion. Our purpose – Space and Investment Solutions for a Sustainable Future – drives us to manage sustainably and impactfully and we consider the environment and the communities in which we operate as key stakeholders of our business. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index. For more information on ESR, please visit www.esr.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/esr-successfully-launches-koreas-first-open-ended-logistics-core-fund-302061664.html

SOURCE ESR Group Limited

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AFP Launches No Code AI for Finance Certificate to Upskill Finance Teams

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April 29, 2026

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New certificate empowers financial professionals with real-world AI skills that don’t require programming expertise

ROCKVILLE, Md., April 29, 2026 /PRNewswire/ — The Association for Financial Professionals (AFP) announced the launch of its No Code AI for Finance Certificate Program. Taught by an AI expert with a background in finance and operations, the virtual on-demand program goes beyond theory, providing practical applications of AI in finance.

Key takeaways

Practical curriculum: The certificate course, developed through feedback from finance practitioners, provides hands-on exercises and lessons on building a data foundation, training and interpreting machine learning models, generating insights with generative AI and embedding ethics in AI adoptionSelf-paced learning: Once registered for the certificate, eight hours of on-demand content across four modules are available in AFP Learn.Professional recognition: The certificate course is eligible for 9.6 CTP, FPAC and CCM Credits and provides a Digital Badge and printable certificate upon successful completion.

Why it matters
The finance function is at a critical turning point. Data volumes are growing while finance professionals are increasingly being asked to do more with less. The No Code AI for Finance Certificate equips teams to scale their impact by automating labor-intensive workflows and speeding up processes while maintaining accuracy.

Comprehensive curriculum
The certificate program includes four modules that are tailored to the specific needs of finance professionals:

Data Foundations for Trustworthy Finance Analytics: Learn about decision cycles AI can shorten, mitigation tactics for AI hallucinations, and the difference between supervised, unsupervised and generative tasks.Understanding the Full Machine Learning Process and Its Results: Learn to frame finance machine learning problems correctly, choose and defend the right success metrics for each task and translate model results into business-ready insights.Generative AI for Finance: Smarter Questions, Faster Insights: Learn to write prompts for GenAI, generate and refine GenAI-supported data-prep code, pressure test insights with GenAI and apply guardrails for GenAI.From AI Capability to Adoption & Ethics by Design: Learn to select and prioritize a first AI pilot, design an operating cadence, draft an ethics and risk control sheet, and define ROI and adoption KPIs.

Each module includes downloadable assets to help learners apply the lessons to their day-to-day work.

Key quote
“At AFP, we recognized a clear need for training that addresses finance-specific applications of AI. This certificate acts as a bridge to connect financial professionals to the transformative power of AI, ensuring they remain the indispensable strategic partners their organizations require,” said Pat Culkin, President & CEO of AFP.

Ready to lead AI adoption in your finance team?
Enroll in the certificate program and begin working toward the No Code AI for Finance Certificate.

FAQs
Who should enroll in this certificate program?
The program is designed for financial professionals at all levels looking to integrate AI into their workflows.

Are there any prerequisites for the course?
There are no prerequisites for this course. It is accessible to professionals of all technical backgrounds. No coding knowledge is required.

How is the course delivered?
The course consists of eight hours of on-demand content across four modules, which can be completed at the learner’s own pace.

How much does it cost to enroll in the certificate program?
The certificate program is $295 for AFP members and $495 for non-members.

About AFP®
Headquartered outside of Washington, D.C., and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. Established and administered by AFP, the Certified Treasury Professional and Certified Corporate FP&A Professional credentials set standards of excellence in treasury and finance. Each year, AFP hosts the largest networking conference worldwide for about 7,000 corporate financial professionals.

Media contact
Joe Hodanich
Senior Director, Digital Strategy & Content
Association for Financial Professionals
Email: jhodanich@financialprofessionals.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/afp-launches-no-code-ai-for-finance-certificate-to-upskill-finance-teams-302753219.html

SOURCE Association for Financial Professionals

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KT Corp. Files 2025 Annual Report on Form 20-F

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April 29, 2026

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SEOUL, South Korea, April 29, 2026 /PRNewswire/ — KT Corporation (NYSE: KT), South Korea’s largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 29th, 2026 for the year ended December 31, 2025 with the Securities and Exchange Commission of the United States. The report can be accessed on KT’s English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC’s Edgar database at www.sec.gov. Shareholders may also request a hard copy of the Form 20-F Annual Report that includes audited financial statements of 2025, free of charge, by sending an e-mail to the Company’s IR department at ktir@kt.com.

About KT Corporation (KRX: 030200; NYSE: KT)

KT Corporation is the leading integrated telecommunications and platform service provider based in South Korea. Principal services include mobile, Broadband, IPTV, B2B communications, and fixed-line telephony. The Company has industry-leading market presence in Broadband, media services, and fixed-line telephony by maintaining the No.1 market share positions. Also, the Company is the No.1 player in B2B communications and offers a wide range of digital transformation services (DC, Cloud, AI, etc.). Additionally, the Company possesses a well-balanced portfolio of diverse subsidiaries focusing on media/content, financial services, real estate developments, and commerce industries.

Forward-Looking Statements

This communication contains “forward-looking statements” that are based on our current expectations, assumptions, estimates and projections about us and the industries in which we operate. The forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “project,” “should,” and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be incorrect. The uncertainties in this regard include, but are not limited to, those identified in the risk factors discussed above. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans and objectives or projected financial results referred to in any of the forward-looking statements. We do not undertake to release the results of any revisions of these forward-looking statements to reflect future events or circumstances.

IR department:
+82-70-4193-4036
ktir@kt.com

View original content:https://www.prnewswire.com/news-releases/kt-corp-files-2025-annual-report-on-form-20-f-302757200.html

SOURCE KT Corp.

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SK TELECOM CO. LTD. FILES ITS ANNUAL REPORT ON FORM 20-F

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April 29, 2026

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SEOUL, South Korea, April 29, 2026 /PRNewswire/ — On April 29, 2026, SK Telecom Co., Ltd. filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The 2025 Annual Report on Form 20-F can be viewed on www.sktelecom.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Printed copies of SK Telecom’s complete audited financial statements (including footnotes) as of and for the year ended December 31, 2025 can be requested, free of charge, by written request to skt.ir@sk.com.

View original content:https://www.prnewswire.com/news-releases/sk-telecom-co-ltd-files-its-annual-report-on-form-20-f-302757201.html

SOURCE SK Telecom Co., Ltd

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