Sabana Reit declares 1.2% higher DPU for Q2

Singapore

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), an industrial landlord, is giving out 1.2 per cent more distribution per unit (DPU) for the second quarter ended June 30 than a year ago at 0.82 Singapore cents.

This came on the back of lower property expenses and net finance, mitigating a slide in gross revenue and net property income.