Basic Profile & Key Statistics AIMS APAC REIT (AAREIT) is a diversified REIT that invests in Business Park, Industrial, Logistic properties. AAREIT owns 28 properties in Singapore and Australia.
Performance Highlight Gross revenue and NPI increased YoY by 16.1% and 17% respectively mainly due to contribution from 7 Bulim Street, higher rental and recoveries for the properties at 3 Tuas Avenue 2, 20 Gul Way and 27 Penjuru Lane. Distribution to unitholders and DPU increased YoY by 45% due to the release of S$ 1.1 million remaining retention from 4Q FY2020, Distribution retained in previous quarters of FY2021 as well as higher income in 4Q FY2021. Rental reversion is positive at 2.3%.
There is no update for the acquisition of 315 Alexandra Road at this moment.
Related Parties ShareholdingREIT sponsor's shareholding is low at 5.32%REIT manager's shareholding is low at 0.61%Directors of REIT manager's shareholding is high at 8.01%
Lease Profile...
