Sabana Industrial REIT's (SGX:M1GU) distribution per unit or DPU rose 26.9% in the first half of the year to SG$0.0170 from SG$0.0134 a year earlier, according to a Wednesday filing with the Singapore Exchange.

Total distributable amount came in at SG$19.1 million, up from SG$15.1 million in the year-ago period.

Net property income jumped 23% year on year to SG$33.5 million from SG$27.2 million a year earlier, while gross revenue was up 7.6% on year to SG$59.3 million from SG$55.2 million.

Overall portfolio occupancy stood at 85.7% at the end of the reporting period.

Shares of the REIT were up nearly 3% at the close of trade.