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ESR urges Sabana’s unitholders to ‘restore certainty and stability’ to the REIT in open letter

Felicia Tan
Felicia Tan • 3 min read
ESR urges Sabana’s unitholders to ‘restore certainty and stability’ to the REIT in open letter
Sabana REIT's NTP+. Photo: Sabana REIT
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ESR Group has issued yet another open letter to the unitholders of Sabana REIT ahead of its extraordinary general meeting (EGM) to be held on Aug 7.

The group is the largest unitholder in Sabana REIT and the owner of the REIT manager.

In its letter dated July 25, the group referred to the move to internalize the REIT’s manager, noting that the passing of the second resolution tabled at the upcoming EGM would not “immediately and automatically result in the internalisation”.

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