--- title: S-REITs - Week 15 - 2024 description: Stay updated on the latest S-REIT news with the REITsavvy Team's weekly recap, featuring updates on ESR-LOGOS and Sabana REIT. Discover key insights on divestments, communication and more. --- [Skip to content](https://reitsavvy.com/insights/s-reits-week15-2024#main-content) [![op can-4](https://reitsavvy.com/hs-fs/hubfs/op%20can-4.png?width=7114&height=2442&name=op%20can-4.png)](https://reitsavvy.com/) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) [S-REIT Weekly Recap](https://reitsavvy.com/insights/tag/s-reit-weekly-recap), [2024](https://reitsavvy.com/insights/tag/2024) # S-REITs - Week 15 - 2024 [By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team) ![Weekly_Banner](https://reitsavvy.com/hs-fs/hubfs/Others/Generic/Weekly_Banner.png?width=762&height=278&name=Weekly_Banner.png) Let's have a quick dive into this week REITs update from ESR-LOGOS, Sabana REIT **S-REITs Recap - Week 15** **8 Apr - 14 Apr 2024** | **ESR-LOGOS REIT** | | --- | | **( YTD: -4.69% \| 5D: +5.17%)** | | Divestment of 182-198 maidstone street in Australia at 7.4% premium to valuation - The Sale Consideration represents a 7.4% premium to the valuation of the Property of A$61.0 million. - The Divestment is not expected to have a material impact on E-LOG’s net asset value and distribution per unit for the financial year ending 31 December 2024. - The net proceeds from the Divestment will be deployed to repay outstanding borrowings, finance potential acquisitions, asset enhancements initiatives and redevelopments and/or fund general working capital requirements. For further information, please click [here](https://esr-logosreit.listedcompany.com/newsroom/20240411_064653_J91U_283WL9POA3C8RKR1.1.pdf) | | **Sabana REIT** | | --- | | **( YTD: -9.88% \| 5D: +1.39% )** | | 8 Apr - Receipt Of Letter From ESR Group 9 Apr - Receipt Of Trustee's Statement Dated 9 April 2024 11 Apr - Receipt Of Letter From Unitholders Dated 5 April 2024 *Internalization is in progress since 17 Aug 2023...* For further information, please click [here](https://sabana.listedcompany.com/newsroom.html) | | **STI Index constituents** | | --- | | **REITs in STI** | | Frasers Centrepoint Trust 18 Mar 2024 | | CapitaLand Ascendas REIT | | CapitaLand Integrated Commercial Trust  | | Frasers Logistics & Commercial Trust | | Mapletree Industrial Trust | | Mapletree Logistics Trust | | Mapletree Pan Asia Commercial Trust | |   | | **REITs in STI Reserve List** | | Keppel DC REIT | | Keppel REIT | | Suntec REIT | | **REITracker Highlights** | | | --- | --- | | **REIT Name** | **Status** | | Keppel Pacific Oak US REIT | Halt Dividend since 14 Feb 2024 | | Manulife US REIT | Halt Dividend since 14 Aug 2023 | | Sabana REIT | Proposed Internalization is in progress since 17 Aug 2023 | | Lippo Malls Indonesia Retail Trust | Halt Dividend since 20 Mar 2023 | | EC World REIT | Halt Trading since 31 March 2023 | | Eagle Hospitality Trust | Halt Trading since 24 March 2020 | | **Exclusive REITsavvy Newsletter** | | --- | ##### Gain financial insights on REITs in minutes The newsletter that keeps you up-to-date on REITs in minutes.   ![op can-4](https://reitsavvy.com/hubfs/op%20can-4.png) **[Insights](https://reitsavvy.com/insights)** **[REITs Screener](https://screener.reitsavvy.com/)** Unless otherwise specified, all return figures shown above are for illustrative purposes only, are not actual customer or model returns and are not indicative of future performance or results. 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