Back 15 Apr 2025

Sabana Industrial REIT Reports Strong 1Q 2025 Performance with Double-Digit Rental Reversion

Link: https://links.sgx.com/1.0.0/corporate-announcements/EOO3PG1TI9NDV0ZL/dc61bbda1f06284b9dcc109615225550b1efa4bf29bf98906f960578a5feb06d

Summary: Sabana Industrial REIT's 1Q 2025 results presentation shows a positive performance with double-digit rental reversion. The REIT reported a 4.6% year-on-year increase in gross revenue to $29.1 million and a 22.0% year-on-year rise in net property income to $16.0 million. The portfolio occupancy stood at 86.4% as of March 31, 2025. The REIT's manager is closely monitoring economic uncertainties while focusing on optimizing portfolio occupancy and managing operational costs.