IslamicFinance.de

It seem like the ongoing bitter battle between the managers of Sabana Shariah-compliant Reit and some disgruntled investors will come to a head at an extraordinary general meeting End of April which has been called at the behest of 66 unit holders who began a campaign against Sabana Real Estate Investment Management.
Reason was dissatisfaction with the Reit manager's lacklustre performance and 3 years of falling distributions per unit. At the EGM 4 resolutions will be tabled one of which ask for Sabana Real Estate Investment Management to be removed.