AIMS APAC REIT - DBS Research 2024-11-06: AEIs To Drive Next Growth Phase

• AIMS APAC REIT has a proven track record in carrying out asset enhancement initiatives (AEI) and redevelopment projects in its existing portfolio to drive growth in organic income.
• - Read this at SGinvestors.io -

Revenues and NPI higher y-o-y

• In 1HFY25, AIMS APAC REIT reported a 7.7% y-o-y increase in revenues and a 5.1% uplift in NPI, driven by strong rental growth across its diversified portfolio. This robust performance also led to a 5.0% y-o-y rise in distributable income.
• The portfolio’s rental growth has been a key driver, supporting both revenue and NPI gains, and further bolstering the REIT's income distribution.

1HFY25 DPU is slightly ahead of our full year projection

• - Read this at SGinvestors.io -
• Organic income growth has been instrumental in partially offsetting the rise in financing costs, supported by robust rental growth across the portfolio and additional income from the sale of solar power generated.

Portfolio occupancy rate declined 2.3 ppts q-o-q

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2025-05-08 AIMS APAC REIT - Active Asset Management Driving Earnings.

Price targets by 2 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 Dividend Payout Dates & Corporate Actions,
AIMS APAC REIT News