Sabana Industrial REIT

REITs

Sabana Industrial REIT exercises right of re-entry of tenant at Tuas Ave 8 premises

A right of re-entry means the REIT can enter the property if conditions of the tenancy agreements are breached.

REITs

Tenant of Sabana REIT’s premises in Tuas Ave 8 placed in provisional liquidation

For FY2023 ended December, the tenant accounted for about 2.4% of the REIT’s total gross rental income.

REITs

SGX RegCo makes statement on who can vote at Sabana REIT’s EGM as manager clarifies current external model to unitholder

SGX RegCo says everyone can vote at for the extraordinary resolution to amend Sabana REIT's Trust Deed at the EGM

Results

Sabana Industrial REIT reports portfolio occupancy of 83.0% in 1QFY2024 after property repossession

The REIT repossessed the Penjuru Lane properties on March 8 after a court ruling in its favour against its former tenant.

REITs

"Piecemeal proposals to avoid an EGM do not serve the interests of Sabana's unitholders"

Piecemeal proposals by Quarz to avoid an EGM do not serve the interests of Sabana's unitholders, Trustee says

REITs

Publications ahead of Sabana REIT's Aug 7 EGM last year to be withdrawn by Quarz

As settlement of suit, publications by Quarz ahead of Sabana REIT"s 2023 Aug EGM to be withdrawn
Quarz Capital Asia requisitions for third EGM in eight months  - THE EDGE SINGAPORE

REITs

Quarz-led committee requisitions for third EGM in eight months

Quarz-led committee fails to agree on terms of reference including trading curbs based on SFA and asks for 3rd EGM
Glass Lewis advises institutional investors to vote against 8 resolutions in Sabana REIT’s March 8 EGM  - THE EDGE SINGAPORE

REITs

Glass Lewis advises institutional investors to vote against 8 resolutions in Sabana REIT’s March 8 EGM

Proxy advisor advises institutional investors to vote against 8 resolutions in Sabana REIT's upcoming EGM
Sabana REIT's manager to hold EGM requested by Quarz on Mar 8 - THE EDGE SINGAPORE

REITs

Sabana REIT's manager to hold EGM requisitioned by Quarz on Mar 8

Another EGM for Sabana REIT unitholders to vote on resolutions that contradict those passed on Aug 7, 2023
Internalisation comes at a cost and Sabana REIT is fully valued, DBS says  - THE EDGE SINGAPORE

Broker's Calls

Internalisation comes at a cost and Sabana REIT is fully valued, DBS says

Sabana REIT is fully valued says DBS due to cost of internalisation coupled with lenders' response to change of control
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