Moody’s Investors Service has upgraded Saizen REIT’s corporate family rating to B1 from Caa1 following the conclusion of their rating review.
The stable outlook reflects Saizen REIT's improved liquidity and the absence of material refinancing needs in the next two years.
Read announcement here.
Sabana Real Estate Investment Management Pte. Ltd., the Manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, is pleased to announce the maiden donation of its non-Shari’ah compliant income to the Straits Times Pocket Money Fund and the Embassy of Japan for the relief and reconstruction efforts in Japan.
Read announcement here.