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7 Singapore REITs That Upped Their Dividends
By The Smart Investor  •  February 5, 2025
The REIT sector is seeing some light at the end of the dark tunnel as interest rates ease and inflation cools. Income investors will be pleased to know that more REITs are now reporting higher distributions. Last week, we featured four Singapore REITs that managed to raise their distributions despite tough macroeconomic conditions. Here are another three Singapore REITs that managed to beat the odds and declare higher payouts.

Sabana REIT (SGX: M1GU)

Sabana REIT is an industrial REIT that owns a diversified portfolio of 18 properties in Singapore. The REIT’s assets under management (AUM) stood at more than S$1 billion as of 31 December 2024. Sabana REIT reported a strong set of earnings for the second half of 2024 (2H 2024) and for the full year. Gross revenue inched up 2.7% year on year for 2H 2024 to S$58.1 million. The higher revenue was because of strong positive rental reversions across the portfolio. Net property income (NPI) increased by 8.9% year on year to S$30.3 million....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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