Shares & Derivatives
AIMS APAC REIT (SGX: O5RU): 2024 Full Year Result
By ViresInSolitudine  •  May 17, 2024

On 7 May 2024, AIMS APAC REIT (“AA REIT”) have announced their full year result for 2024. The financial position for AA REIT remains relatively stable, although the overall DPU still decrease due to the Private Placement and Preferential Offering. Given that this event happened in the first quarter of FY2024, we may see the metric improve over the next few quarters as the comparative may have a lower base.

Website: Financial Statements And Related Announcement::Full Yearly Results

Photo source: https://www.aimsapacreit.com/

Background

AA REIT is a real estate investment trust listed on the Mainboard of the Singapore Exchange Securities Trading Limited. Their investment mandate is to invest in high quality income-producing industrial real estate throughout Asia Pacific, including warehousing and distribution activities, business park activities and manufacturing activities. The Trust’s portfolio consists of business parks and industrial properties.

The Trust is managed by AIMS AMP Capital Industrial REIT Management

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By ViresInSolitudine
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.
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