THE chief executive officer (CEO) of Sabana Shari'ah Compliant Industrial Reit's manager Donald Han has made it clear that he wants to leave behind the failed merger with ESR-Reit and work on improving the real estate investment trust's (Reit) portfolio and performance.

THE chief executive officer of Sabana Shari’ah Compliant Industrial Reit’s (Sabana Reit) manager Donald Han has made it clear that he wants to leave behind the failed merger with ESR-Reit and work on improving the Reit’s (real estate investment trust) portfolio and performance...

THE chief executive officer of Sabana Shari’ah Compliant Industrial Reit’s (Sabana Reit) manager Donald Han has made it clear that he wants to leave behind the failed merger with ESR-Reit and work on improving the Reit’s (real estate investment trust) portfolio and performance...

The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT), on Jan 22, reported distribution per unit (DPU) of 2.29 cents for the 2HFY2020 ended December, 47.7% higher than 1.55 cents a year ago. 2HFY2020 distributable income came in 48.1% y-o-y higher at $24.1 ...

The manager of ESR-REIT on Jan 20 announced that its FY2020 DPU has declined by some 30.2% y-o-y to 2.8 cents, while net property income was 12.6% y-o-y lower at $164.2 million. The lower results were mainly due to the impact of the Covid-19 pandemic. Despite the lower y-o-y performance, analysts ar...

In a results briefing on Jan 20, Adrian Chui, CEO of ESR-REIT’s manager says that he plans to look overseas for growth some time this year. Sponsor and major unitholder ESR Cayman has a presence in six countries with US$26.5 billion in assets under management. According to Chui, 30% to 40% of this...

ESR-REIT'S distribution per unit (DPU) dropped 16 per cent to 0.84 Singapore cent for the fourth quarter ended Dec 31, 2020, from one cent the previous year.

ESR-REIT'S distribution per unit (DPU) dropped 16 per cent to 0.84 Singapore cent for the fourth quarter ended Dec 31, 2020, from one cent the previous year.

THE following companies saw new developments that may affect trading of their securities on Wednesday.

QUARZ Capital Management is at it again. Barely six weeks after winning a bruising battle to prevent Sabana Reit from merging with ESR-Reit on value-destructive terms, the activist investor has turned its sights on Sunningdale Tech - a precision plastic components maker in the throes of a pr...