Gross revenue for the quarter came in at $29.5 million, some 1.2% lower than $29.8 million in 3Q19. This was primarily attributable to the conversion from master leases to multi-tenancy leases at two of the group’s properties - 1A International Business Park in November 2019 and one phase of the property at 30 Tuas West Road in August 2019.
SINGAPORE (Jan 31): The manager of Aims APAC REIT (AA REIT) has reported distribution per unit (DPU) of 2.50 cents for 3Q20 ended December, unchanged from the previous year.
This brings DPU for 9M20 to 7.50 cents, the same as the corresponding period last year.
