Singapur

Sabana Shariah Compliant REIT’s Latest Earnings Leaves Investors with Nothing to Cheer About

Sabana Shariah Compliant REIT (SGX: M1GU) has released its full-year earnings for 2014 recently. The REIT focuses on industrial properties scattered around Singapore which are collectively worth around S$1.26 billion as at 31 December 2014. Despite seeing gross revenue for the whole of 2014 grow by 12.1% to S$100.3 million from a year ago, the trust’s net property income (NPI) actually declined by 9.2% to S$72.95 million. The decline was partly due to a huge 200% increase in property expenses for the trust. Income available for distribution to Sabana REIT’s unitholders followed suit with a 16.4% drop to S$51.6 million.

Associate / Analyst, Capital Markets, Islamic Bank of Asia

Capital Markets, Islamic Finance
You will be part of the common pool of the existing team, helping to execute on private equity investment and corporate advisory assignments across the region.

•Conduct sector research as well as perform research on potential investment opportunities
•Support due diligence process and build financial models
•Support deal processes, dealing with both external and internal parties
•Assist the deal team in pitching for a wide range of assignments, identifying potential opportunities as well as executing transactions
Requirements

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