Sabana REIT NPI up 22% to $16m in Q1

DPU also rose to $0.0086.

Sabana Industrial REIT reported a 22% year-on-year increase in net property income to $16m for the first quarter ended 31 March 2025, up from $13.1m in the same period a year ago.

The group's revenue for the quarter also rose 4.6% to $29.1m, compared with $27.8m in the same period last year.

Distribution per unit rose to $0.0086, up from $0.0068 in Q1 2024.

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