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Sabana Shari’ah Compliant Industrial REIT ( (SG:M1GU) ) has shared an update.
Sabana Industrial REIT has completed the installation of solar panels in partnership with Keppel EaaS across nine of its properties, marking a significant step towards sustainability. This initiative aligns with Singapore’s Green Plan 2030 and is expected to generate over 9,000 MWh of renewable energy annually, powering thousands of homes and enhancing the REIT’s industry positioning as a leader in renewable energy deployment.
More about Sabana Shari’ah Compliant Industrial REIT
Sabana Industrial Real Estate Investment Trust (REIT) is a Singapore-based real estate investment trust established in 2010. It primarily focuses on industrial properties and is committed to sustainability initiatives, aiming to become one of the first carbon neutral industrial REITs in Singapore by 2040.
YTD Price Performance: 22.90%
Average Trading Volume: 875
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $291.8M
See more insights into M1GU stock on TipRanks’ Stock Analysis page.