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Sabana Industrial REIT ( (SG:M1GU) ) has issued an update.
Mindarie Investment Pte. Ltd., through financial adviser United Overseas Bank, has launched a mandatory conditional cash offer to acquire all issued and outstanding units of Alpha Integrated Real Estate Investment Trust that it does not already own or control. The offer, made under Singapore’s takeover regulations, signals a potential change in control of AI-REIT and could alter its ownership structure and strategic direction, with implications for existing unitholders and the trust’s positioning in the local real estate investment market.
The most recent analyst rating on (SG:M1GU) stock is a Hold with a S$0.51 price target. To see the full list of analyst forecasts on Sabana Industrial REIT stock, see the SG:M1GU Stock Forecast page.
More about Sabana Industrial REIT
Alpha Integrated Real Estate Investment Trust (AI-REIT) is a Singapore real estate investment trust established in 2010, investing in income-producing real estate assets. It operates within Singapore’s REIT sector, providing investors with exposure to property-based income streams through listed trust units.
Average Trading Volume: 4,515,606
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$540M
Learn more about M1GU stock on TipRanks’ Stock Analysis page.