Basic Profile & Key Statistics Sabana Shari'ah Compliant Industrial REIT (Sabana) invests in industrial and logistics properties which currently owns 18 properties in Singapore. Performance Review Gross revenue and NPI decreased YoY by 5.5% and 11.7% respectively due to lower contribution from 10 Changi South Street 2 and higher allowances for impairment loss on trade receivables for certain tenants. However, distributable income increased by by 10.7% mainly due to one-time adjustment of around $3.2 million on the non-tax deductibility of certain expenses on vacant properties for 2019. Total distribution amount declared increased by 48.1% was due to the one-time adjustment as well as release of distribution retention from 1H FY2020. Without all these, the actual DPU from operation is 1.41 cents. Rental reversion is at +4.4% for 1H and and -0.2% for 2H. For overall FY2020, rental reversion is +0.9%. AEI for NTP+ mall is expected to be completed in this quarter which should improve the performance. The ongoing AEI for 23SNA5 has also achieved an increased in valuation....