AIMS Apac Reit (AA Reit) is expanding its footprint in Australia with a A$38.46 million (S$36.92 million) acquisition of a freehold industrial facility in Gold Coast. 

The acquisition will be AA REIT's first deal in Queensland, Australia. The post Singapore’s AIMS APAC REIT snaps up Gold Coast property for $27m appeared first on DealStreetAsia.

SINGAPORE (May 15): The manager of AIMS APAC REIT (AA REIT) announced it is acquiring Boardriders APAC HQ in Queensland, Australia, from GSM Rocket Australia for a consideration of A$38.5 million ($36.9 million). The property will be leased to GSM (Operations) for 12 years on a triple net lease bas...

AIMS Apac Reit (AA Reit) is expanding its footprint in Australia with a A$38.46 million (S$36.92 million) acquisition of a freehold industrial facility in Gold Coast, its manager announced on Wednesday morning before the market opened. 

SINGAPORE (Apr 25): Despite negative reversions likely to persist in the near term, analysts are positive on AIMS APAC REIT (AA REIT) on the back of expected distribution per unit (DPU) yields of 7.2% to 7.3% over FY20-21F. Both Maybank Kim Eng Research and DBS Group Research are keeping their “b...

AIMS Apac Reit (AA Reit) posted a higher distribution per unit (DPU) of 2.75 Singapore cents for its fourth quarter ended March 31, up 4.6 per cent from the year-ago period.

AIMS Apac Reit (AA Reit) posted a higher distribution per unit (DPU) of 2.75 Singapore cents for its fourth quarter ending March 31, up 4.6 per cent from the year-ago period. AA Reit units closed unchanged at S$1.40 on Tuesday.

THE following companies saw new developments that may affect trading of their shares on Wednesday:

SINGAPORE (Apr 24): The manager of AIMS APAC REIT (AA REIT) announced a DPU of 4Q19 of 2.75 cents, 4.6% higher than the 2.75 cents declared in 4Q18. Distribution to unitholders for 4Q19 increased 5.7% y-o-y to $19 million from $18.0 million. This brings FY19 DPU to 10.25 cents, a slight 0.5% lower ...

SINGAPORE (Apr 18): OCBC is downgrading Mapletree Logistics Trust to ‘hold’ given there could be uncertainties over its longer-term outlook in the wake of the news that CWT International had defaulted on its loans. Meanwhile, OCBC is maintaining Cache Logistics Trust at ‘hold’ saying althou...