Sabana REIT’s anticipated consolidation likely to be delayed by tepid earnings

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Sabana REIT may be an attractive target for a take-over but given current weakness in its earnings, a consolidation is not likely to happen soon.

In addition to this, there is increasing uncertainty over 33 & 35 Penjuru Lane, 18 Gul Drive, and 51 Penjuru Road, which are currently master-leased to Vibrant, said DBS in a recent investment note.

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