Sabana REIT’s unitholders vote to remove manager (update)

News about Alpha Integrated Real Estate
The unitholders of Sabana REIT have spoken.

At its extraordinary general meeting (EGM) on Aug 7, some 691 million votes were cast, of which unitholders holding 57.5% of them voted to remove the REIT’s current manager, Sabana Real Estate Investment Management (SREIM).
...read more on The Edge Singapore
Alpha Integrated Real Estate
Price0.480 SGD
NAV0.490 SGD
Yield (4 quarters)6.71%
Gearing38.0%