SINGAPORE - FINANCE - Sabana Reit to buy Serangoon North property for $61m

www.businesstimes.com.sg  -Sabana Shari'ah Compliant Industrial Real Estate Investment
Trust plans to acquire a Serangoon North Ave 5 property for $61 million.



Its manager, Sabana Real Estate Investment Management Pte Ltd, said
on Wednesday that its trustee, HSBC Institutional Trust Services
(Singapore) Limited, has entered into a sale and purchase agreement with
Ban Teck Han Enterprise Co