Invest
AIMS APAC REIT Review @ 3 August 2022
By REIT-TIREMENT  •  August 3, 2022
Basic Profile & Key Statistics
Main Sector(s): Logistics, Industrial & OfficeCountry(s) with Assets: Singapore & Australia
No. of Properties (exclude development/associate/fund): 29
Key Indicators


Performance Highlight

Gross revenue and NPI increased mainly due to contribution from the Woolworths HQ acquired in November 2021 and higher rental income from existing properties. However, higher income was offset by higher operating expenses, distributions to Perpetual Securities holders, higher interest expense and management fees, resulting in lower improvement in distribution to unitholders and DPU.

Rental Reversion
Rental revision for the latest quarter is at +9.5%.

< div>
Related Parties Shareholding

REIT sponsor's shareholding: Below median for more than 20%REIT manager's shareholding: Above median for more than 20%Directors of REIT manager's shareholding: Above median for more than 20%

Lease Profile

Occupancy: ± 5% from medianWALE: Above median for more than 20%Highest lease expiry within 5 years: ± 10% from median; Falls in FY24Weighted average land lease expiry: Below median
...
Read the full article
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 ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance