Shares & Derivatives
AIMS APAC REIT Review @ 14 October 2021
By REIT-TIREMENT  •  October 14, 2021
AIMS APAC REIT (AAREIT) is a diversified REIT that invests in Business Park, Industrial, Logistics properties. AAREIT owns 28 properties in Singapore and Australia. Performance Highlight Gross revenue, NPI, distribution and DPU have increased YoY mainly due to contribution from 7 Bulim Street, higher rental for the properties at 20 Gul Way, 8 & 10 Pandan Crescent and 541 Yishun Industrial Park A. Rental reversion for 2Q FY22 is at 2.1%. On 30 Sep, AAREIT announced the proposed acquisition of Woolworths HQ. It is a freehold business park with 5.17% NPI. The acquisition would be funded by a combination of debt and proceeds from perpetual securities. Manager may consider issuing new equity as well, however it is yet to be firmed....
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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