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AIMS APAC REIT Review @ 14 November 2023
By REIT-TIREMENT  •  November 14, 2023
Basic Profile & Key Statistics
Main Sector(s): Logistics, Industrial & OfficeCountry(s) with Assets: Singapore & AustraliaNo. of Properties (exclude associate/fund): 28

Key Indicators

Performance Highlight
Gross revenue, NPI and distribution to unitholders have increased YoY mainly due to higher rental and recoveries from logistics, warehouse and industrial properties. However, DPU has declined slightly due to an enlarged unitholder base.

Rental Reversion
AAREIT continues to achieve a strong rental reversion of 33.7% for Singapore assets, mainly contributed by logistics and warehouse properties. 

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Related Parties Shareholding

REIT Sponsor's Shareholding: Below median by 20% or moreREIT Manager's Shareholding: Above median by 20% or moreDirectors of REIT Manager's Shareholding: Above median by 20% or more

Lease Profile

Committed Occupancy: ± 5% from medianWALE: ± 10% from medianHighest Lease Expiry within 5 Years: Below median by 20% or more; Falls in FY26Weighted Average Land Lease Expiry: Below median by 20% or more

Debt Profile

Gearing Ratio: Below median by 10% or moreGearing Ratio
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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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