Sabana REIT drops hints on future overseas acquisition plans

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Sabana REIT has given a number of hints on potential overseas markets that it may be expanding into, as part of the third phase of its refreshed strategy.

These hints were dropped during the REIT’s annual general meeting (AGM), which took place on 25 April at Fairmont Hotel, and attended by REITsWeek.

During his presentation at the AGM, Sabana REIT’s CEO, Donald Han, described the matter of overseas acquisition as “a matter of when, not if”.

Read: Sabana REIT lays out refreshed strategy to improve occupancy, rents

He also pointed to regulations that govern leases of Singapore industrial properties, which typically come with 30-year leases, as factors that have restricted its options, in comparison to other industrial REITs.

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