AIMS APAC REIT - RHB Research 2025-03-24: Maintaining A Strong Positive Momentum; BUY.

• AIMS APAC REIT (SGX:O5RU) is one of our top mid-cap industrial REIT picks. It has been executing well operationally and in balance sheet management, on the back of proactive management initiatives.
• - Read this at SGinvestors.io -
• Asset enhancements are on track, and will start contributing positively from FY26.

Divestment of 3 Toh Tuck Link at a 32.5% premium to valuation unlocks value.

• The property is a part 3-storey factory and part 5-storey ancillary office building with a sub-par occupancy rate of 83% as of Sep 2024. The divestment is expected to be completed by end-1H25. Assuming proceeds are used for debt repayment, this should lower AIMS APAC REIT’s gearing to ~32%, providing a healthy debt headroom of ~S$100m (based on a 40% level) for acquisitions.
• - Read this at SGinvestors.io -

Strong operational metrics expected to continue...

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2024-09-09 AIMS APAC REIT - Poised For Growth; BUY.

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