Sabana Reit records 85.3% portfolio occupancy in Q3
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SABANA Industrial Reit (Sabana Reit) logged a portfolio occupancy of 85.3 per cent as at Sept 30, the highest level since early 2018, its manager announced in a quarterly business update on Thursday (Oct 21) evening.
The Reit, which removed its Shari'ah compliance status as of Thursday, has also named a new chief financial officer, Lim Wei Huang, and head of real estate, Jessica Yap Pui Ling. Their appointments take effect on Nov 1.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts