Sabana REIT reports on-forecast Net Property Income and Distributable Income for 3Q2011

By Create Wealth Through Long-Term Investing and Short-Term Trading • October 20, 2011

Distribution Per Unit (“DPU”) of 2.14 cents and annualised DPU of 8.49 cents for 3Q2011. On track to deliver annualised DPU of 8.63 cents for FY2011 • Achieved S$50.1 million gain in annual revaluation of its IPO portfolio • Obtained investment grade credit rating from Standard & Poor’s • Announced acquisitions of four yield-accretive properties worth S$132.3 million - portfolio size to cross S$1.0 billion mark upon legal completion By ANGELA TAN Sabana Real Estate Investment Management Pte Ltd, the manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust, reported on Wednesday a distribution per unit (DPU) of 2.14 cents for the third quarter ended September 30, 2011. The DPU of 2.14 cents is in line with its forecast. Distributable income was at S$13.6 million. 'With our 3Q2011 DPU in line with our forecast, our cumulative DPU performance is on ......

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By Create Wealth Through Long-Term Investing and Short-Term Trading

I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!

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