"With a comfortable gearing position, it is well-poised to capitalise on potential acquisition opportunities in Singapore and Australia," states Natarajan in his March 24 note.
Vijay Natarajan of RHB Bank Singapore, citing "strong positive momentum", has kept his "buy" call on AIMS APAC REIT along with a higher target price of $1.48 from $1.46 previously.
From his perspective, AIMS APAC REIT has been executing well operationally and in balance sheet management, on the back of proactive management initiatives.
