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

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

PC Lee Published on Sat, Nov 25, 2017 / 7:13 PM GMT+8

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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.

See: Warburg Pincus-backed ESR in talks to buy Singapore's Sabana REIT: sources

Instead, Sabana Real Estate Investment Management (SREIM) will now identify suitable assets for disposal.