Sabana REIT

REITs

Proposed EGM and requisitions not beneficial to progress of internalisation for Sabana REIT, says trustee

It adds that certain requisitioned resolutions, if passed, may be "counter-productive" to the implementation.
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
As Sabana REIT's 2HFY2023 DPU tumbles, Trustee warns of more costs  - THE EDGE SINGAPORE

REITs

As Sabana REIT's 2HFY2023 DPU tumbles, Trustee warns of more costs

Costs related to internalisation cause Sabana REIT's DPU to fall 21% y-o-y in 2H2023; Trustee warns of more costs
Sabana REIT’s trustee announces application for Order 32 to clarify issues around trust deed amendment - THE EDGE SINGAPORE

REITs

Sabana REIT’s trustee announces application for Order 32 to clarify issues around trust deed amendment

Sabana REIT's trustee announces application for order 32 to amend trust deed to effect internalisation process

Company in the news

Sabana REIT files defence against tenant Kleio One-Solution's counterclaim

The manager of Sabana REIT has denied the counterclaim in its entirety.

Company in the news

Sabana REIT files $2.1 mil claim against tenant Kleio One-Solution

The sum of $2.1 million accounts for outstanding fixed rent, land rent, property tax and late payment interest as at Nov 15.
Sasseur REIT takes overall sector win with outlet mall focus - THE EDGE SINGAPORE

Billion Dollar Club 2023

Sasseur REIT takes overall sector win with outlet mall focus

Sasseur REIT’s outlets will benefit from consumer-driven recovery

Broker's Calls

DBS downgrades Sabana REIT to ‘fully valued’ after ‘watershed moment’

DBS Group Research has also lowered its target price to 30 cents from 48 cents previously.
Internalisation of Sabana REIT’s manager won’t result in cost savings, says ESR Group - THE EDGE SINGAPORE

REITs

Internalisation of Sabana REIT’s manager won’t result in cost savings, says ESR Group

Once the higher debt costs are factored in, unitholders will be worse off, says the group.
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