Basic Profile & Key Statistics
Main Sector(s): Office, Industrial & LogisticsCountry(s) with Assets: Singapore, United States, Australia, England, Netherlands, France, SwitzerlandNo. of Properties (exclude development/associate/fund): 228
Gross revenue, NPI, DI and DPU increased yoy mainly due to contributions from 11 data centres in Europe, the remaining 75% interest in Galaxis, 11 logistics properties in U.S. and 2 logistics properties in Australia which were acquired in between 2021 March to 2022 Jun.
The rental reversion is at 13.2% for 2Q 2022 and 9.4% for 1H 2022.
In 1H 2022, AREIT completed the acquisition of 9 logistics properties. Redevelopment of UBIX is completed in Jan and AEI for Changi Logistics Centre is completed in Apr. On 4 Aug, AREIT has announced for acquisition of Philips APAC Center in Singapore which is targeted to complete acquisition by 2H 2022.