SINGAPORE (Feb 27): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust has appointed Morgan Stanley Asia (Singapore) as its financial adviser in relation to the strategic review of the REIT.

Morgan Stanley will assist the strategic review board committee and report to the committee directly, Sabana REIT manager says in a filing to SGX on Friday.

The committee was formed on Feb 17 to undertake a review of options available for Sabana REIT to enhance unitholder value.

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