As at end December 2025, overall portfolio occupancy was 95.4% (or 96.6% based on committed leases), an increase from 93.3% as at Sept 30 2025. Weighted average lease expiry stood at 4.1 years. Geographically, 76.4% of GRI is from Singapore with the remaining Australian income anchored by high-quality, long-term leases.
In 3QFY2025 AA REIT acquired the Framework Building, an industrial property in a strategic Singapore city-fringe location at 2 Aljunied Avenue 1 .
As at Dec 31 2025, AA REIT’s aggregate leverage stood at 36.6% with no debt refinancing until FY2027. The REIT has undrawn committed facilities and bank balances of approximately $123.5 million. Weighted average debt maturity stood at 2.3 years with an interest coverage ratio of 2.6 times. With 65% of borrowings hedged at quarter end, AA REIT remains positioned to benefit from any easing in floating interest rates. The manager also hedges 74% of its expected Australian dollar distributable income into Singapore dollars on a rolling four-quarter basis to minimise the volatility impact of the foreign exchange rate.
