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UNIT
PERFORMANCE
In 2013, Sabana REIT once again topped the list for indicative dividend yields generated by REITs on
SGX-ST1. Traded volume in FY 2013 increased by 37.8% over FY 2012. As at 31 December 2013, Sabana
REIT’s market capitalisation was S$746.0 million, a 2.2% increase from a year ago. Sabana REIT’s Unit
price hit a high of S$1.38 during the year. World events beyond our control, notably uncertainty regarding
the Federal Reserve’s bond buying programme and the budget crisis in the US contributed to global
market volatility in the second half of 2013. Additionally, there was mounting concerns over rising interest
rates that further placed pressure across the Singapore REITs (S-REITs) sector. Sabana REIT’s Unit price
closed at S$1.08 on 31 December 2013, 5.7% lower than the beginning of the year. Nonetheless, Sabana
REIT continued to perform in line with its peers and also outperformed the FTSE ST Real Estate (RE)
Index and FTSE ST REIT Index. For the month of January in 2014, Sabana REIT was trading at an average
distribution yield of 8.76%.2
TRADING DATA BY YEAR
Unit Price (S$) 2013 2012 2011
Opening 1.145 0.875 0.975
Last done at year-end 1.080 1.140 0.875
Highest 1.380 1.150 1.020
Lowest 1.035 0.875 0.835
Unit price performance3 (%) (5.7) 30.3 (10.3)
Trading volume (million units) 411.7 298.9 304.6
SABANA REIT MONTHLY TRADING PERFORMANCE IN 2013
1 “Indicative dividend yields for REITs average 6.2%”. Singapore Exchange. 14 January 2014.
2 Based on FY 2013 DPU of 9.38 cents and Sabana REIT’s closing prices in January 2014.
3 Performance is calculated based on the opening price on the first trading day of the year, compared with the closing price on the last trading day of the year.
Source: ShareInvestor
1.5
1.4
1.3
1.2
1.1
1.0
0
12
10
8
6
4
2
0
Closing Unit Price S($)
Daily Volume Traded (million Units)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SABANA REIT | ANNUAL REPORT 2013
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