Sabana REIT to Drop Shari'ah Compliance

News about Sabana REIT

Sabana Shari'ah Compliant Industrial REIT continues its transformation by dropping the Shari'ah Compliance, effectively also changing its name to Sabana Industrial Real Estate Investment Trust. The change is expected to be effective in October.

Sabana REIT
Price0.430 SGD
NAV0.520 SGD
Yield (4 quarters)8.77%
Gearing34.9%