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Sabana Industrial REIT
Broker's Calls
Internalisation comes at a cost and Sabana REIT is fully valued, DBS says
Sabana REIT is fully valued says DBS due to cost of internalisation coupled with lenders' response to change of control
January 26, 2024
Results
Sabana Industrial REIT posts 9.5% drop in FY2023 DPU to 2.76 cents
Sabana Industrial REIT's FY2023 distribution per unit (DPU) has declined by 9.5% y-o-y to 2.76 cents from 3.05 cents a year ago.
January 23, 2024
REITs
Sabana REIT's manager says SGIC's requisition for EGM is not valid
Sabana Growth Internalisation Committee (SGIC) is not a unitholder of Sabana REIT and requisition notice is not valid
January 08, 2024
Company in the news
Sabana REIT files defence against tenant Kleio One-Solution's counterclaim
The manager of Sabana REIT has denied the counterclaim in its entirety.
December 28, 2023
REITs
Sabana Trustee disagrees with suggestion of wrongdoing or delay on its part
In an extraordinary move, Sabana's trustee says it disagrees with suggestions of wrongdoing or delay on its part
December 08, 2023
Company in the news
Sabana REIT files $2.1 mil claim against tenant Kleio One-Solution
The sum of $2.1 million accounts for outstanding fixed rent, land rent, property tax and late payment interest as at Nov 15.
November 17, 2023
Results
Sabana Industrial REIT reports portfolio occupancy of 91.8% and WALE of 3.1 years in 3QFY2023 business update
The REIT’s portfolio occupancy this quarter dipped to 91.8%, from 93.9% in the quarter before.
October 18, 2023
REITs
Sabana REIT's trustee appoints FTI Consulting as its financial adviser on steps taken to implement resolutions
Sabana Industrial REIT's trustee appoints FTI Consulting as its financial adviser to implement internalisation
August 29, 2023
REITs
ESR plans C-REIT and doubling down on New Economy; provides perspective on Sabana REIT
ESR Group reports lower Ebitda and Patmi, but higher fund management Ebitda, to double down on New Economy
August 25, 2023
REIT Watch
Sabana REIT’s unitholders vote to remove manager (update)
The EGM concludes two months of open letters fired from opposing sides.
August 07, 2023