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AIMS APAC REIT: Achieves 4.3% YoY Rise In Distributions To Unitholders To S$57.5 Million For 9M FY2025.
28 Jan 2025 10:48Gross Revenue and Net Property Income rose by 5.7% and 1.9% YoY to S$139.1 million and S$99.6 million for 9M FY2025 respectively. DPU increased by 1.1% YoY to 7.070 Singapore cents for 9M FY2025. Positive rental reversion of 21.2% for 9M FY2025 and long portfolio WALE of 4.7 years. Portfolio occupancy on committed leases at 96.3%, excluding the impact from AEIs and transitory movement of tenants. Proposed divestment of 3 Toh Tuck Link at a premium to support growth initiatives. Portfolio rejuvenation strategy on track to drive long-term value for Unitholders...
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Source: ShareInvestor Express