pstrongThe REIT has made progress in its Order 32 application./strong/p pHSBC Institutional Trust Services (Singapore) Limited, the trustee of Sabana Industrial REIT, has provided an indicative timeline for the internalisation of the REIT’s manager./p pThe REIT aims to complete the internalisation by 3Q24.
HSBC Institutional Trust Services Limited, the trustee of Sabana Industrial REIT, has provided an indicative timeline for the internalisation of the REIT’s manager.
Based on the presented timeline, the REIT has made progress in establishing personnel, budget and operating plan for the new internalised manager. It has also made progress in its Order 32 application. The trustee, however, clarified, that the timing of this workstream “is indicative and at the discretion of the court, and may be impacted by any future requisitioned resolutions put forth by unitholders for consideration.”...there are many ways you can work with us to advertise your company and connect to your customers.
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