Sabana Industrial REIT

Results

Sabana Industrial REIT reports portfolio occupancy of 92.6% and WALE of 2.8 years in 1QFY2023 business update

The REIT also renewed leases totalling some 156,388 sq ft with a positive rental reversion of 13.6% as at end-March.

REITs

Proxy advisor Glass Lewis advises unitholders to vote for all Sabana REIT's resolutions at AGM

Glass Lewis recommends unitholders vote in favour of all five resolutions at Sabana REIT's AGM
Sabana REIT closes 25 new and renewed leases totalling 336,650 sq ft in 1QFY2023 - THE EDGE SINGAPORE

REITs

Sabana REIT closes 25 new and renewed leases totalling 336,650 sq ft in 1QFY2023

Sabana REIT will release its business update for the 1QFY2023 on April 19.
Sabana Industrial REIT obtains provisional permission for 1 Tuas Avenue 4 AEI - THE EDGE SINGAPORE

REITs

Sabana Industrial REIT obtains provisional permission for 1 Tuas Avenue 4 AEI

The development cost of approximately $20 million will be internally funded.
Sabana REIT partners Keppel EaaS to build EV charging, solar panels in its properties - THE EDGE SINGAPORE

Sustainability

Sabana REIT partners Keppel EaaS to build EV charging, solar panels in its properties

Sabana REIT and Keppel EaaS have also signed a sustainability partnership MOU for decarbonisation efforts.

Results

Sabana Industrial REIT reports 7.0% y-o-y drop in 2HFY2022 DPU of 1.46 cents

The lower DPU was attributed to the higher interest expenses. For the FY2022, the REIT's DPU stood flat at 3.05 cents.

Billion Dollar Club 2022

Sabana Industrial REIT provides shelter from volatility and reigns as the top performer in total unitholder returns

Sabana Industrial REIT’s size and Singapore portfolio result in its resilience.
Sabana REIT announces 7.4% rise in DPU, to focus on AEI in 2H2022 - THE EDGE SINGAPORE

Results

Sabana REIT announces 7.4% rise in DPU, to focus on AEI in 2H2022

Sabana REIT's DPU rise by 7.4% yoy in 1H2022. Manager's focus is on AEI for 1 Tuas Ave 4, will watch costs as inflation persists
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