DUAL-listed AIMS Property Securities Fund is "strategically positioned" to take advantage of a downturn in the Australian commercial real estate market, which has begun to show signs of weakening, chairman George Wang wrote in a letter sent to unitholders.

DUAL-listed AIMS Property Securities Fund is “strategically positioned” to take advantage of a downturn in the Australian commercial real estate market, which has begun to show signs of weakening, chairman George Wang wrote in a letter sent to unitholders.

UNITHOLDERS have again shot down an attempt to wind up dual-listed AIMS Property Securities Fund, in the second vote in four days.

BOUTIQUE Australian investor Samuel Terry Asset Management has lost another attempt to have AIMS Property Securities Fund wound up, according to a unitholder vote that it called in Sydney on Monday.

UNITHOLDERS of dual-listed AIMS Property Securities Fund voted against a winding-up action on Friday - but will be asked to take a stand on the same issue again next week.

UNITHOLDERS voted against a winding-up of dual-listed AIMS Property Securities Fund by a six-point unit-holding margin on Friday, according to an update from the manager.

AIMS Fund Management, the manager for dual-listed AIMS Property Securities Fund, has received a notice of meeting, explanatory memorandum and proxy form from boutique Australian firm Samuel Terry Asset Management calling a general meeting of unitholders.

AIMS Property Securities Fund's responsible entity (RE), AIMS Fund Management, has received a notice of meeting, explanatory memorandum and proxy form from boutique Australian firm Samuel Terry Asset Management calling a general meeting of unitholders to vote on winding up the fund.

AIMS Property Securities Fund's responsible entity (RE) AIMS Fund Management (AIMS) has received a notice of meeting, explanatory memorandum and proxy form from boutique Australian firm Samuel Terry Asset Management calling a general meeting of unitholders.

BOUTIQUE Australian firm Samuel Terry Asset Management has launched another attempt to wind up Aims Property Securities Fund, less than two years after its previous bid.

DUAL-LISTED Aims Property Securities Fund has been hit by yet another wind-up bid by Fred Woollard's Samuel Terry Asset Management, which has upped its stake since the last attempt in January 2017.