Sabana REIT DPU Rises to 0.77 Singapore Cents (US$0.57) In 4Q
24 January 2020 — Sabana Real Estate Investment Management Pte. Ltd., the Manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (“Sabana REIT”), reported the REIT’s financial results for the fourth quarter and full year ended 31 December 2019.
According to the report, Unitholders will receive a Distribution Per Unit (DPU) of 0.77 Singapore cents for 4Q 2019, which is 8.5% higher y-o-y. The distribution amount declared of S$8.08 million for 4Q 2019 comprised the full distributable income for 4Q 2019 and the remaining 5.5% of the distributable income in 3Q 20192.
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