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Minority investor protest in ESR-Sabana Reit deal highlights need to focus on more than DPU

A strong rally in ESR-Reit could be the key to winning over reluctant Sabana Reit minorities

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On July 16, the managers of ESR-Reit and Sabana Reit unveiled a plan to combine the two entities to create a larger, more diversified industrial property Reit.

THE minority unitholders of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) who are resisting the proposed merger with ESR-Reit have valid grievances.

Yet, it is unlikely that they will succeed in getting better terms, and they do not seem to have...

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