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RE Rumor Mill: Sabana REIT, Kiely Realty Group

By Andrew McIntyre (August 22, 2014, 8:11 PM EDT) -- Sabana Shari'ah Compliant Real Estate Investment Trust is buying a Singapore property at the Changi Business Park for S$50 million ($40 million), the Business Times reported. The REIT is buying the property, 10 Changi South Street 2, from Adviva Distribution, and total costs of the deal are expected to be roughly S$55.1 million, the Business Times said....

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