Sabana REIT property at 23 Serangoon North Avenue 5. (Photo: REITsWeek)

Two major institutional unitholders of Sabana REIT have upped the ante in their dissent by now pressing for an internalisation of the REIT’s manager.

This behest has been presented in addition to the long-standing call for unitholders to reject the proposed merger between ESR-REIT and Sabana REIT.

Related: Replace Sabana REIT’s management if merger falls through, say investors

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.