Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana REIT)

REITs

MAS says regulatory framework does not stop shareholder group from owning substantial stakes in two REIT managers

The Monetary Authority of Singapore (MAS) says its regulatory framework does not prevent a shareholder group from owning substantial stakes in two REIT managers managing REITs invested in the same

REITs

Sabana REIT issues clarifications on proposed merger

The manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has issued clarifications on its proposed merger with ESR-REIT.

REITs

An ESR-REIT rally to 55 cents would solve the discount to NAV offer for Sabana REIT

The REITs with the highest price to net asset value (P/NAV) ratios have been fairly constant this year.

REITs

Quarz Capital and other Sabana REIT unitholders pen letter to MAS, SGX RegCo on 'severe conflict of interest issues' related to merger with ESR-REIT

Activist investor Quarz Capital, Black Crane, and over 50 unitholders of Sabana Shariah Compliant Industrial REIT (Sabana REIT) have, on August 17, written to the Monetary Authority of Singapore (M

ESR-REIT says there will be no increase in offer price for proposed merger with Sabana REIT

REITs

ESR-REIT says there will be no increase in offer price for proposed merger with Sabana REIT

The manager of ESR-REIT says it will not increase the scheme consideration and that the exchange ratio of 0.940 is final.

Company in the news

Quarz Capital emerges as new substantial shareholder at Sabana REIT

Activist investor Quarz Capital Management has emerged as a new substantial shareholder at Sabana Shari’ah Compliant Industrial REIT (Sabana REIT).

ESR-REIT plans growth by merger with Sabana REIT

REITs

ESR-REIT plans growth by merger with Sabana REIT

SINGAPORE (July 17): The managers of ESR-REIT and Sabana Shariah Compliant Industrial REIT — both controlled by ESR Cayman — have announced the proposed merger of the two REITs via a trust scheme o

Results

Sabana REIT 1H20 DPU falls 65.7% to 0.47 cents

SINGAPORE (July 16): Sabana Shari’ah Compliant Industrial REIT (Sabana REIT) has declared 1H20 distribution per unit (DPU) of 0.47 cents, down 65.7% from the 1.37 cents in 1H19.

M&A

ESR-REIT and Sabana REIT to merge, bringing total assets to $4.1 bil

SINGAPORE (July 16): The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial REIT (Sabana REIT) jointly announced the proposed merger of both REITs.

Activist investment

Sabana REIT's untapped GFA could raise NAV as New Tech Park undergoes AEI

SINGAPORE (Nov 18): Sabana Shari’ah Compliant Industrial Real Estate Investment Trust’s distributions per unit in 3QFY2019 rose 1.3% y-o-y to 0.78 cent.

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