The manager of AIMS APAC REIT, on Sept 16, announced that it will be partnering with SP Group to install a rooftop solar photovoltaic (PV) system across six of the REIT’s industrial, logistics and warehouse properties in Singapore.The six properties are 20 Gul Way, 27 Penjuru Lane, 30 Tuas West Ro...

AIMS Apac Real Estate Investment Trust (AA Reit) has partnered SP Group to install rooftop solar photovoltaic (PV) systems across 6 of its industrial, logistics and warehouse properties by December 2023.

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 16):

DBS Group Research analysts Dale Lai and Derek Tan have kept a “buy” rating on AIMS APAC REIT (AA REIT) with a lowered target price of $1.53 from $1.55.The analysts’ new target price implies a target yield of 6.2% FY2023 and P/NAV of 1.1x.“AA REIT has delivered on acquisitions to drive distr...

The manager of AIMS APAC REIT (AA REIT) has posted a distribution per unit (DPU) of 2.28 cents for the 1QFY2022 ended June, 1.3% higher than the DPU of 2.25 cents in the corresponding period the year before.Total distributions to unitholders increased by 2.7% y-o-y to $16.3 million, thanks to the hi...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 26):

AIMS Apac Real Estate Investment Trust’s (AA Reit) distribution per unit (DPU) rose by 1.3 per cent to S$0.0228 in the first quarter of FY2023, from S$0.0225 in the year-ago period.

RHB Group Research analyst Vijay Natarajan has maintained his “overweight” rating of the Singapore REIT (S-REIT) sector, which he says is growing despite rising risks.Reminding investors to “stay selective” amid a challenging outlook, Natarajan says: “Despite rising macroeconomic risks and...

UOB Kay Hian analyst Jonathan Koh has maintained his “overweight” rating for the Singapore REIT (S-REIT) sector, which he believes is “resilient” due to its defensive characteristics and stable cash flows.In his report on July 19, Koh notes that the sector underperformed the benchmark Strait...

THE following companies saw new developments that may affect trading of their securities on Monday (Jul 04):

AIMS Apac Reit’s manager announced on Monday (Jul 4) in a bourse filing that its plan to acquire the property along 315 Alexandra Road — Sime Darby Business Centre — has fallen through.

AIMS Investment Group is seeking to acquire all the units in AIMS Property Securities Fund with a cash offer of A$1.25 ($1.20) per unit. The units in AIMS Property Securities Fund are listed on both the Australian Securities Exchange (ASX) and Singapore Exchange (SGX). In a letter to unitholders dat...

On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...

The manager of AIMS APAC REIT says it is in “exclusive due diligence” on Avaya House located in Macquarie Park, Sydney, Australia, but it has not entered into any binding agreement to acquire the property yet.There is also no certainty that the acquisition will go through, adds the manager.The m...

AIMS APAC Reit (AA Reit) is in exclusive due diligence to acquire Avaya House, an office property located in Macquarie Park in Sydney, Australia, its manager said on Friday morning. In a clarification note announcement posted to the Singapore Exchange, the manager noted that no binding agre...