Volare had received valid acceptances of about 109.6 million units representing 10% of the units in issue of the REIT by the closing date.
The partial offer made by Volare Group to acquire 10% of the units in Sabana REIT (SGX:M1GU
) that it does not already own, has turned unconditional.
The offer was declared unconditional when the minimum acceptance condition was satisfied on March 8.
