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Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT)
REITs
3 potential S-REIT mergers to watch out for: UOB Kay Hian
SINGAPORE (Dec 9): On the back of a slew of mergers and acquisitions among Singapore’s real estate investment trusts (S-REITs), UOB Kay Hian believes there could well be more consolidation of smaller S-REITs to come.
December 09, 2019
Results
Sabana REIT posts 14.8% lower DPU of 0.75 cent amid market challenges, portfolio optimisation
SINGAPORE (April 22): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has announced a 1Q19 DPU of 0.75 cent, down 14.8% y-o-y from 0.88 cents a year ago due to lower revenue and net property income (NPI).
April 22, 2019
Results
Sabana REIT posts 14.5% drop in 4Q DPU to 0.71 cents
SINGAPORE (Jan 24): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has declared distribution per unit (DPU) of 0.71 cents for the 4Q18 ended December, some 14.5% lower than DPU of 0.83 cents a year ago.
January 24, 2019
Results
Sabana REIT declares higher 2Q DPU of 0.82 cent on cost rationalisation
SINGAPORE (July 25): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) reported unitholders will receive a DPU of 0.82 cent for the 2Q18 ended June, 1.2% higher than in 2Q17.
July 25, 2018
Results
Sabana REIT posts flat DPU of 0.88 cents in 1Q
SINGAPORE (Apr 23): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has announced distribution per unit (DPU) of 0.88 cents for the 1Q ended March, unchanged from a year ago.
April 23, 2018
Sector Focus
Sabana REIT concludes strategic review with new CEO & independent director; posts 5.7% lower 4Q DPU of 0.83 cent
SINGAPORE (Jan 25): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) on Thursday announced the appointment of Donald Han and Tan Cheong Hin as its new CEO and a new independent director, respectively.
January 25, 2018
M&A
Sabana REIT ends talks with ESR-REIT; to identify suitable assets for disposal
SINGAPORE (Nov 25): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) says talks with the manager of ESR-REIT involving the sale of its assets or units, have ceased.
November 25, 2017
Results
Sabana REIT reports 24.3% lower 2Q DPU of 0.81 cent after manager forgoes 25% fees
SINGAPORE (July 26): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has reported a distribution per unit (DPU) of 0.81 cent for 2Q17, down 24.3% from the 1.07 cent DPU declared a year ago.
July 26, 2017
Vibrant announces termination of proposed sale of Changi South property to Sabana REIT
SINGAPORE (May 9): The proposed sale and leaseback of a four-storey light industrial building at 47 Changi South Ave 2, which Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) was originally intending to acquire from Vibran
May 09, 2017
In print this week
Here are the responses our questions drew at Sabana REIT’s EGM
SINGAPORE (May 5): Just before the extraordinary general meeting of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, The Edge Singapore suggested six questions unitholders should ask the manager. Jerry Low Chin Yee, the de facto leader
May 05, 2017