Shares & Derivatives
Sabana Industrial REIT Review @ 20 January 2022
By REIT-TIREMENT  •  January 20, 2022
Basic Profile & Key Statistics Sabana Industrial REIT (Sabana) invests in industrial and logistics properties which currently owns 18 properties in Singapore. Performance Highlight Gross revenue and NPI have increased YoY 14.4% and 10.4% respectively As for distributable income and DPU, it would be fair to compare value from operations; both distribution and DPU increase 11.3% YoY. Rental Reversion Rental reversion is 8.8% for 2H 2021and 10.5% for FY 2021. Asset Enhancement Initiatives In 2H 2021, AEIS for 8CL and 15JKB have been completed. As for New Tech Park, the replacement of passenger office lifts has been completed. 1TA4 which was previously held for divestment has been re-classified into an investment property and earmarked for major AEI. As for New Tech Park, the upgrading of the remaining 7 ground floor lobbies is expected to be completed by 3Q 2022. Related Parties...
Read the full article
By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance