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AIMS AMP Capital Industrial REIT (AA REIT)
REITs
Optus renews 12-year master lease with AA REIT for Sydney campus
SINGAPORE (Nov 25): AIMS APAC REIT (AA REIT) and its joint venture partner have secured a new 12-year agreement for the Optus Centre with existing master tenant Optus Administration.
November 25, 2019
Company in the news
AIMS APAC REIT falls as much as 8.8% as sponsor sells 70.3 mil units
SINGAPORE (Oct 16): Units in AIMS APAC REIT fell as much as 8.8% immediately after the lifting of a trading halt at 12.51pm, after an announcement that sponsor AIMS Financial Group had exercised the call option for 70.3 million units of AA REIT previously
October 16, 2019
Results
AIMS APAC REIT reports flat 1Q DPU of 2.50 cents
SINGAPORE (July 25): The manager of AIMS APAC REIT (AA REIT) has announced distribution per unit (DPU) of 2.50 cents for the 1Q20 ended June, unchanged from a year ago.
July 25, 2019
In print this week
Demystifying the AEI aims of AA REIT
SINGAPORE (May 31): George Wang, chairman of AIMS APAC Real Estate Investment Trust’s (AA REIT) manager and AIMS and now the REIT’s largest unitholder, is aware of the negative aspect of REITs acquiring assets to raise assets under management just to
May 31, 2019
M&A
AMP Capital buys out JV partner AMP Capital's stakes in AA REIT and manager
SINGAPORE (Nov 21): AIMS Financial Service Group is acquiring AMP Capital’s 50% stake in the management entities of AIMS AMP Capital Industrial REIT (AA REIT) and also the latter’s 10.26% stake in the REIT.
November 21, 2018
Broker's Calls
AA REIT taking aim at higher DPU growth ahead, analysts say
SINGAPORE (Oct 29): Analysts are keeping their “buy” recommendations on AIMS AMP Capital Industrial REIT (AA REIT) on the back of its untapped potential.
October 29, 2018
Results
AA REIT posts flat 1Q DPU of 2.50 cents
SINGAPORE (July 26): The manager of AIMS AMP Capital Industrial REIT’s (AA REIT) reported 1Q19 DPU of 2.50 cents, unchanged from 1Q18.
July 26, 2018
AA REIT to carry out $13 mil enhancement of NorthTech facility
SINGAPORE (July 9): The manager of AIMS AMP Capital Industrial REIT (AA REIT) announced Monday that it will be carrying out an asset enhancement initiative (AEI) at its NorthTech facility in Woodlands Industrial Park for $13 million.
July 10, 2018
Broker's Calls
Seen as potential takeover target with untapped GFA, AA REIT gets a 'buy' from DBS
SINGAPORE (June 19): DBS Group Research likes AIMS AMP Capital Industrial REIT (AA REIT) for its diversified and in-demand portfolio, above-average yields and takeover possibility.
June 19, 2018
Property
AA REIT to transform Tuas property into modern industrial facility for $48 mil
SINGAPORE (May 17): The manager of AIMS AMP Capital Industrial REIT (AA REIT) announced Thursday that the group will redevelop its property at 3 Tuas Avenue 2 into a modern industrial facility for approximately $48.2 million.
May 17, 2018