The Trustee will continue "to engage with the Manager on a regular basis and will communicate its expectations of the Manager to ensure the ongoing and stable operations of Sabana REIT".
On August 29, HSBC Institutional Trust Services (HSBC Trustee), the trustee of Sabana Industrial REIT, announced that it has appointed FTI Consulting as its professional adviser, and will work with FTI on the "required and necessary steps to be taken to implement the resolutions passed on August 7".
"The Trustee reiterates that its key priority is to act in the best interests of all Unitholders in the implementation of the Resolutions," HSBC Trustee says.
