Shares & Derivatives
AIMS APAC REIT: Strong rent reversions in Singapore
By Beansprout  •  January 30, 2025
AIMS APAC REIT (AAREIT) reported 9MFY25 Distributions Per Unit (DPU) of 7.07 cents, up 1.1% YoY 9MFY25 DPU up 1.1% YoY AIMS APAC REIT (AAREIT) reported 9MFY25 Distributions Per Unit (DPU) of 7.07 cents, up 1.1% YoY. While distributions to unitholders rose 4.3% YoY in 9MFY25, an enlarged unit base meant DPU only rose by 1.1% YoY. Revenues and Net Property Income (NPI) were up by 5.7% YoY and 1.9% YoY respectively, on the back of sustained positive rental reversions achieved. Source: Company data, beansprout research Strong rent reversions of 28.2% in Singapore AAREIT continued on its track record of delivering strong rent reversions at its Singapore assets, having executed 19 new and 41 renewal leases in 9MFY25, totalling 127,299 sqm, which represented 16.4% of the portfolio’s net lettable area (NLA). This contributed to a strong 9M FY2025 rental reversion rate of 21.2%, with rental reversions of 28.2% achieved in 3QFY25 alone. Divestment of 3 Toh Tuck Link at 32.5% premium to valuation On 10 December 2024, AAREIT announced it has signed a Sales and Purchase Agreement with Crown...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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