Sabana Reit EGM saga: Should a Reit be internally or externally managed?

The upcoming Sabana Industrial Reit (Sabana) extraordinary general meeting has put the spotlight on whether internal or external managers are better for a real estate investment trust (Reit).

Activist investor and unit holder Quarz Capital

wants to remove the Reit’s manager

and have Sabana’s trustee internalise the management function.