Sabana's manager wants to leave failed merger behind; will work on improving portfolio and performance
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE chief executive officer (CEO) of Sabana Shari'ah Compliant Industrial Reit's manager Donald Han has made it clear that he wants to leave behind the failed merger with ESR-Reit and work on improving the real estate investment trust's (Reit) portfolio and performance.
In a media call on Friday, he said: "I am generally a forward-looking person. There is a lot for us to do in 2021, being a new year. It's a start for us to continue with the refreshed strategy which we started two (to) three years ago, and that continues until we can stabilise our properties."
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant