On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...

UNITHOLDERS of Sabana Industrial Real Estate Investment Trust (Sabana Reit) have voted not to endorse the appointment of independent non-executive director Chan Wai Kheong.

SPH REIT kicked off the current financial reporting season for S-Reits on Apr 1,l 2022 with with the release of its H1 FY2022 (ended Feb 28, 2022) financial results. This was followed by other S-Reits, including Keppel DC Reit (Q1 business update), Keppel Pacific Oak US Reit (Q1 business upd...

SABANA Industrial Real Estate Investment Trust (Reit) clocked a portfolio occupancy of 85.2 per cent for the first quarter of 2022, just slightly lower than the 85.4 per cent occupancy rate in the previous quarter, said the company in an interim business update provided through a bourse fili...

If there was one standout from the REITs that announced results in the week of April 18-22, it was their focus on capital management. REIT managers are moving to limit the impact of interest rate hikes on their distributable incomes and distributions per unit (DPU). Interest expense is often locally...

SABANA Industrial Real Estate Investment Trust (Reit) clocked a portfolio occupancy of 85.2 per cent for the first quarter of 2022, just slightly lower than the 85.4 per cent occupancy rate in the previous quarter, said the company in an interim business update provided through a bourse fili...

The manager of Sabana Industrial REIT has reported portfolio occupancy of 85.2% for the 1QFY2022 ended March. Excluding the REIT’s property at 1 Tuas Avenue 4 which is marked for redevelopment, occupancy would have been at 88.2%.As at March 31, the REIT’s weighted average lease expiry (WALE) sto...

THE following companies saw new developments that may affect trading of their securities on Thursday (Apr 21):

THE manager of Sabana Industrial Reit (Sabana Reit) and activist investor Quarz Capital Management have been working hard to win over investors ahead of what is likely to be a contentious annual general meeting (AGM) on Apr 26.

SABANA Industrial Real Estate Investment Trust (Sabana Reit) is staring down the barrel of yet another crucial vote that could have a major impact on its plans going forward.