AIMS APAC REIT (AA REIT)

The manager of AIMS APAC REIT (AA REIT) has announced a distribution per unit (DPU) of 2.00 cents for 1Q21 ended June.

During the Global Financial Crisis and the Asian Financial Crisis, Maybank Kim Eng analyst Thilan Wickramasinghe notes that the Singapore market crashed by about 60% from start to end. This time round, the market has retreated just over 20% thus far.

While DBS analysts Dale Lai and Derek Tan expect demand and rental rates for industrial real estate to moderate and possibly turn slightly negative in 2020, they have maintained their “buy” call on AIMS APAC REIT (AAREIT) due to strong organic growth.

The group’s net property income margin increased to 78.5% in 3Q20 compared to 65.2%in 3Q19.

SINGAPORE (Nov 5): The manager of AIMS APAC REIT, formerly known as AIMS AMP Capital Industrial REIT, has announced distribution per unit (DPU) of 2.50 cents for the 2Q20 ended September, the same has a year ago.

SINGAPORE (Oct 16): Units in AIMS APAC REIT fell as much as 8.8% immediately after the lifting of a trading halt at 12.51pm, after an announcement that sponsor AIMS Financial Group had exercised the call option for 70.3 million units of AA REIT previously

SINGAPORE (July 25): The manager of AIMS APAC REIT (AA REIT) has announced distribution per unit (DPU) of 2.50 cents for the 1Q20 ended June, unchanged from a year ago.

SINGAPORE (July 18): A master tenant has been secured for its property at 3 Tuas Avenue 2, says the manager of AIMS APAC REIT (AA REIT), and it will be occupy the entire premises of about 268,000 sf.

(June 3): NorthTech, a hi-tech building at 29 Woodlands Industrial Park E1, is likely to be a player in Singapore’s “The Future Economy”, the city state’s long-term plan to stay competitive. Although defined as multi-tenanted because of the presen