Quarz Capital proposes a merger of Sabana REIT and ESR-REIT on improved terms

Quarz Capital, a top-five unitholder of Sabana REIT, wrote to the boards of Sabana REIT and ESR Cayman proposing a combination with ESR-REIT on terms that reflected Sabana's net asset value.

Summary prepared by Quarz Capital from public reporting by PR Newswire. Refer to the original publication for the full article.