Logo from Sabana REIT
In 2Q23, the REIT’s portfolio occupancy was 93.9%.
Sabana Industrial REIT recorded a portfolio occupancy of 91.8% in 3Q23.
The 3Q23 record is lower than the 2Q23 occupancy of 93.9%.
In the same period, the REIT recorded a lower rental reversion of 16.8% (vs 27.1% in 2Q23).
Whilst recording a lower occupancy, the REIT saw a longer weighted average lease expiry (WALE) of 3.1 years.
Its new leases and renewed leases likewise improved during the quarter, rising to 111,440 sq ft and 212,735 sq ft, respectively.
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!