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Sabana Reit issues termination notice to tenant over S$2.14m in rental defaults

Published Mon, Sep 3, 2018 · 09:50 PM

Singapore

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) has issued a notice of termination on Aug 31 to Adviva Distribution, the tenant at 10 Changi South Street 2, due to the tenant's "failure to pay rent and other sums payable" under the lease agreement.

In a filing late last Friday, Sabana Reit said that the tenant owes S$2.14 million in rent…

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