Economic

Sabana’s activist investors to fast-track plan to internalise management after merger with ESR scuppered

sabana’s-activist-investors-to-fast-track-plan-to-internalise-management-after-merger-with-esr-scuppered

PREMIUM

SABANA-ESR MERGER

Sabana Reit’s manager says its priority is to enhance the Reit’s portfolio returns and complete an asset-enhancement project

Sat, Dec 05, 2020 – 5:50 AM

Singapore

ACTIVIST unitholders got to work fast after the proposed merger between ESR-Reit and Sabana Reit fell through on Friday.

The question “What next?” was top on their minds to ensure a clear path to recovery for Sabana Reit, and one answer was to pursue an internalised Reit…

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