Sabana REIT

Sabana REIT: Filed its prospectus with for an IPO that would see it raise as much as $696.1m. In its prospectus to MAS, Sabana said it plans to sell a total of 632.8m units, with each unit priced between $1 and $1.10. People familiar with the situation said roadshows for the REIT IPO will start Tue and listing is planned for this month. Daiwa, HSBC and UOB are advising Sabana on the deal, while HSBC is also the sole financial adviser.