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Sabana Reit posts 31.4% drop in H2 2021 DPU to S$0.0157; seeks growth via AEIs, acquisitions

Vivienne TayJude Chan
Published Thu, Jan 20, 2022 · 08:45 AM

SABANA Industrial Real Estate Investment Trust (Sabana Reit) is moving into the next phase of its growth strategy as it targets to increase its portfolio value to more than S$1 billion over the next 3 to 5 years, said chief executive officer of the Reit manager Donald Han.

“We have decided to move on a growth path to be able to benefit unitholders,” Han said in a media call following the release of Sabana Reit’s FY2021 results on Thursday (Jan 20).

Part of this strategy will see Sabana Reit continue to b…

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