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Black Crane
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
REITs
An ESR-REIT rally to 55 cents would solve the discount to NAV offer for Sabana REIT
While industrial REITs have fared better this year than other sectors in price performance and also in their DPU performances, ESR-REIT and Sabana Shariah Compliant Industrial REIT are trading below their NAV per unit.
August 21, 2020
REITs
Quarz Capital and other Sabana REIT unitholders pen letter to MAS, SGX RegCo on 'severe conflict of interest issues' related to merger with ESR-REIT
The letter touched on issues such as the merger’s potential conflict of issues due to the similarity in both Sabana and ESR REITs’ portfolios.
August 18, 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