Allen & Gledhill advised the financiers.
CIMB Bank Berhad, Singapore Branch, Malayan Banking Berhad, Singapore Branch and United Overseas Bank Limited acted as financiers on the S$148.92 million term and revolving commodity murabahah facilities to HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust.
Singapore-based Sabana Shari’ah Compliant Industrial Real Estate Investment Trust invests in real estate used for industrial purposes, as well as real estate-related assets.
The Allen & Gledhill team was led by Partner Aloysius Ng (Picture).
Involved fees earner: Aloysius Ng – Allen & Gledhill LLP;
Law Firms: Allen & Gledhill LLP;