Guiding You On REITs

S-REITs - Week 2 - 2024

Written by REITsavvy Team | Jan 14, 2024 2:00:00 AM

Entering Week 2 of 2024! Have you successfully narrowed down your list of preferred REITs?

Announcement by Sabana Industrial REIT, Landlease Global Commercial REIT, AIMS APAC REIT

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S-REITs Recap - Week 02

8 Jan - 14 Jan 2024

Sabana Industrial REIT

( YTD: -2.47% )

Within the span of a single week, numerous events unfolded for Sabana Industrial REIT

Related to Internalisation

1) Manager says the requisition notice does not comply with the requirements of the trust deed

Part response:

"... the Manager does not have records of the Requisition Notice being deposited at its registered office. Hence, the Requisition Notice does not comply with the requirements of the trust deed dated 29 October 2010 constituting Sabana Industrial REIT ..."

For full response, please click here

2) Trustee update to unit holders of Sabana Industrial REIT

The update is in response to 

Trustee's Statement dated 8 August 2023 in relation to the Resolutions (the "Trustee's Announcement") and to the Trustee's Statements dated 21 July 2023, 29 August 2023, 4 October 2023, 7 November 2023, 6 December 2023 and 15 December 2023 (collectively, the "Trustee's Statements")

For full response, please click here

3) Receipt of Requisition Notice from 10% of Unit holders

The Requisition Notice was deposited at the registered office of the Manager on 11 January 2024.

For full response, please click here

Financial Results Release Date

Date of release of 2H 2023 and FY 2023 Financial Results 

It will be announced on Tuesday, 23 January 2024, after trading hours

For further information, please click here

Landlease Global Commercial REIT
( YTD: -2.33%)

VOLUNTARY LIQUIDATION OF SUBSIDIARY COMPANY

 Will it have any impact to the net tangible assets or EPS?

The liquidation of the Subsidiary is not expected to have any material impact on the net tangible assets or earnings per share of the LREIT Group for the financial year ending 30 June 2024.

For further information, please click here

AIMS APAC REIT
( YTD: +3.08% )

Financial Results Release Date

DATE OF RELEASE OF BUSINESS UPDATE FOR THE THIRD QUARTER ENDED 31 DECEMBER 2023

It will be announced on 31 January 2024, before trading hours.

For further information, please click here

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