As at 12.04pm, units in AA REIT are trading flat at $1.19 with a FY2021F p/b ratio of 0.9x, according to KGI’s estimates.
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KGI Securities analysts Joel Ng and Amirah Yusoff have started AIMS APAC REIT (AA REIT) with an “outperform” recommendation and a target price of $1.35 in a report dated Dec 8.
Ng and Yusoff are positive on the REIT for its diversified and resilient portfolio, as well as its strong performance track record by its manager.
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