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Sabana REIT
Broker's Calls
Sabana REIT expected to 'turn a new page', recovery in FY21-22: DBS
DBS Group Research has maintained their “buy” call on Sabana REIT with a raised target price of 45 cents, up from 40 cents.
January 25, 2021
REITs
No merger for Sabana REIT with ESR-REIT
Sabana REIT's merger with ESR-REIT is off, as trust deed amendment did not get sufficient votes
December 04, 2020
REITs
Time for Quarz Capital and Black Crane to make their case to Sabana Manager’s board and unitholders?
The Board of Sabana REIT's manager has asked Quarz Capital and Black Crane for details of their plans to internalise the manager
November 20, 2020
REITs
Chance for a new beginning for Sabana REIT on Dec 4
As two activist fund managers pledge to vote against Sabana REIT's merger, unitholders cast their minds back to 2017.
November 20, 2020
Corporate moves
How should unitholders view the Sabana REIT and ESR-REIT merger?
Five reasons why a merger with ESR-REIT would be beneficial for its unitholders
November 17, 2020
REITs
ESR-REIT and Sabana REIT press ahead with merger timelines as size becomes imperative
ESR-REIT and Sabana REIT issue their circular and scheme document, making their case of a merger
November 13, 2020
REITs
ESR-REIT receives in-principle approval from SGX, merger documents issued on Nov 12
ESR-REIT receives in-principle approval for issuance of new units; merger documents to be issued on Nov 12.
November 04, 2020
REITs
Quarz, Black Crane plan to vote against ESR-REIT Sabana REIT merger
On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16. Sabana REIT’s unitholders are being offered 0.94x the price of ESR-REIT. Last month
August 07, 2020
REITs
ESR-REIT's manager says price for Sabana REIT is final, minority unitholders plan to vote against scheme
On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16. Sabana REIT’s unitholders are being offered 0.94x the price of ESR-REIT. Last month
August 07, 2020
REITs
Properties which caused a decline in ESR-REIT’s portfolio valuation
On July 16, when ESR-REIT announced its 1H2020 results it also announced a merger with Sabana Shariah Compliant Industrial REIT.
August 05, 2020