Sabana REIT

REITs

Quarz, Black Crane plan to vote against ESR-REIT Sabana REIT merger

On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16.

REITs

ESR-REIT's manager says price for Sabana REIT is final, minority unitholders plan to vote against scheme

On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16.

REITS

Properties which caused a decline in ESR-REIT’s portfolio valuation

On July 16, when ESR-REIT announced its 1H2020 results it also announced a merger with Sabana Shariah Compliant Industrial REIT.

Funds

Quarz Capital not like other activist funds, looks for undervalued stocks that pay a dividend

SINGAPORE (Dec 2): In April this year, following overwhelming votes in an extraordinary general meeting (EGM) in favour of resolutions by CapitaLand’s independent shareholders to acquire Ascendas-S

Yield watch

ESR-REIT focuses on AEIs and leases as sponsor creates pipeline with Sabana REIT transaction

(July 29): Adrian Chui, CEO of ESR-REIT’s manager, was frank and transparent when asked about the outlook for industrial property, rental reversions, tenants, sponsors and mergers and acq

In print this week

Do minority investors still have a voice?

SINGAPORE (Oct 5): While retail investors are growing more savvy at navigating the local stock market and asking companies tough questions, they are now worried about litigation.

Shareholder activism

Dissenting minority shareholder moves to stir up Asiatic Group, says will issue open letter on May 9

SINGAPORE (May 8): A year ago, Jerry Low Chin Yee made himself known among REIT watchers as the disgruntled unitholder who successfully organised and led a campaign to boot out the underperforming

In print this week

New broom sweeps clean for Sabana REIT’s unitholders

SINGAPORE (Apr 16): In a Singapore Exchange filing, e-Shang Redwood (ESR), a pan-Asia logistics real estate developer, which is the sponsor and major shareholder of ESR-REIT, announced that it held

ESR-REIT and Sabana REIT to create bigger, more liquid and investable entity: Religare

SINGAPORE (Aug 8): Religare Capital Markets says the amalgamation of ESR-REIT and Sabana REIT will create a bigger, more liquid and investable REIT.

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