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Sabana Reit's Q2 distribution per unit lower at 1.86 cents

Lower net property income, higher profit expense among reasons
Thursday, July 17, 2014 - 06:00
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SABANA Reit yesterday posted a distribution per unit (DPU) of 1.86 cents for its second quarter ended June 30, 2014 - down 22.5 per cent from the 2.4 cents it paid out a year ago - PHOTO: WEBERSHANDWICK.COM

SABANA Reit yesterday posted a distribution per unit (DPU) of 1.86 cents for its second quarter ended June 30, 2014 - down 22.5 per cent from the 2.4 cents it paid out a year ago. The three months saw income available for distribution fall 16.6 per cent to $13 million. Reasons cited include

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