The Edge Singapore Published on Tue, Oct 12, 2021
ESR Cayman’s stake in Sabana Shariah Compliant Industrial REIT rose from 19.73% to 20.03% following its adoption of of Sabana REIT’s distribution reinvestment plan for its DPU, taking units instead of cash. On Oct 6, Sabana REIT announced in a filing that Quarz Capital Asia bought 140,000 units for $59,500 taking its deemed stake to 11.01%.