Sabana Shari'ah REIT

[Boon]

@ ACTIVIST SPEAKS
 
Where is your source of info that there was a valuation done by Colliers who also valued the property at SGD 23 million?
 
Valuation by Knight Frank:
-      Was commissioned by the Reit Manager.
-      Valuation methods (income capitalization approach and the discounted cash flow analysis)
 
Valuation by Savills:
-      Was commissioned by the Trustee
-      Valuation methods (direct comparison, income capitalization approach and the discounted cash flow analysis)
 
Interestingly, the valuation done by “Savills” was supposed to be commissioned “independently” by the Trustee, this raise another BIG question……………
 
How “independent” was it?
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ok I got it.

Colliers was commissioned by the Sponsor.
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