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Kevin Xayaraj

M&A

Sabana REIT ends talks with ESR-REIT; to identify suitable assets for disposal

SINGAPORE (Nov 25): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) says talks with the manager of ESR-REIT involving the sale of its assets or units, have ceased.

Results

Sabana REIT reports 24.3% lower 2Q DPU of 0.81 cent after manager forgoes 25% fees

SINGAPORE (July 26): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has reported a distribution per unit (DPU) of 0.81 cent for 2Q17, down 24.3% from the 1.07 cent DPU declared a year ago.
Credit: Equity Communications

Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted

SINGAPORE (May 9): Kevin Xayaraj has stepped down from his position as CEO and Executive Director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.
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