AIMS APAC REIT - RHB Invest 2024-09-09: Poised For Growth; BUY

• AIMS APAC REIT (SGX:O5RU) remains one of our preferred mid-cap industrial REIT picks.
• AIMS APAC REIT has been delivering a steady set of results with healthy organic income growth underpinned by Singapore logistics portfolio.
• - Read this at SGinvestors.io -

Secured long master leases for its asset enhancement projects.

• AIMS APAC REIT is currently upgrading 7 Clementi Loop – from an old warehouse to a more modern and sustainable logistics facility. It has secured a new 15-year master lease at higher rental and the tenant will be taking over the asset post asset enhancement initiative (AEI) in 1QFY26.
• - Read this at SGinvestors.io -

Perps refinancing concern mitigated with possible upside.

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Vijay Natarajan RHB Securities Research | https://www.rhbgroup.com/ 2024-09-09 SGinvestors.io

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