- AIMS APAC REIT achieved a strong full-year rental reversion of 24.3%, while management guidance supports our slightly tempered optimism entering FY25. The two planned asset enhancements are likely to start contributing from 2H25 to 1H26.
Results in line with our forecasts
- - Read this at SGinvestors.io -
- Portfolio occupancy remains high (97.8%). Extending its strong rental reversions since FY23, AIMS APAC REIT achieved 4Q24/full-year rental reversions of 31.7%/24.3%.
Strong operational performance
- Management guided for rental reversions of between a high single digit to low teens into FY25, compared to AIMS APAC REIT’s reversions of 18.5%/24.3% in FY23/24.
- - Read this at SGinvestors.io -
Incremental upside
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Li Jialin Maybank Research | https://www.maybank-ke.com.sg/ 2024-05-08
Previous report by Maybank:
2024-02-01 AIMS APAC REIT - Earnings In Line; Maintain BUY.
Price targets by 3 other brokers at AIMS APAC REIT Target Prices.
Listing of research reports at AIMS APAC REIT Analyst Reports.
Relevant links:
AIMS APAC REIT Share Price History,
AIMS APAC REIT Announcements,
AIMS APAC REIT Dividends & Corporate Actions,
AIMS APAC REIT News Articles
