Sabana REIT to revamp flagship asset with non-industrial tenants as DPU continues falling


Sabana REIT continues to face challenges in the Singapore industrial market but will press on with its rejuvenation efforts, including possible overseas acquisitions in the future.

The REIT has reported a distribution per unit (DPU) of 0.71 Singapore cents for its 4Q 2018.

The figure represents a fall of 14.5% from the 0.83 cents achieved in the corresponding period of the previous financial year.

The result also represents Sabana REIT’s fourth consecutive quarter of falling DPUs since 1Q 2018.

To read the full article, please login or subscribe.


Comments are closed.