Sabana REIT reported a robust set of numbers, declaring a DPU of 2.34c. The counter will go XD on 24 Oct and income distribution is payable on 28 Nov.
Total assets under management: $1.1 bn
Occupancy rate: 99.9%
Average all-in financing cost: 4.3%
Weighted average tenor of debt: 3.5 years.
Interest cover ratio: 5.5x
NAV/unit: $1.03
Sabana REIT's higher income from a slew of acquisitions