Sabana Industrial REIT (SGX:M1GU) booked a distribution per unit or DPU of SG$0.0152 for the second half ended Dec. 31, 2024, from SG$0.0115 a year earlier, according to a late filing with the Singapore Exchange on Tuesday.
Income available for distribution to unitholders came in at SG$18.9 million, compared with SG$15.9 million a year earlier.
Meanwhile, net property income increased to SG$30.3 million from SG$27.8 million in the year-ago period, while gross revenue came in at SG$58.1 million, up from SG$56.6 million a year ago.
Furthermore, the trust's overall portfolio occupancy rate dropped to 85.0% as of Dec. 31, 2024 compared to 91.2% as of Dec. 31, 2023.
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