S-Reit revenue, net property income seen rising but DPUs to dip from high bases
Market watchers are optimistic with S-Reits well poised to weather rate hikes and economic reopening driving rents upwards
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Singapore
IT is results season for Singapore-listed real estate investment trusts (S-Reits), and Sabana Industrial Real Estate Investment Trust (Sabana Reit), the first S-Reit to report its results for the period ended Dec 31, 2021, has given investors some inkling of what to expect.
Sabana Reit on Jan 20 posted a distribution per unit (DPU) of S$0.0157 for the six months ended December, down 31.4 per cent compared to DPU of S$0.0229 in the year-ago period.
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