AIMS AMP Capital Industrial REIT (AA REIT)

Results

AA REIT's 4Q DPU drops 5.4% to 2.63 cents

SINGAPORE (Apr 25): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has reported 4Q18 DPU of 2.63 cents, 5.4% lower than 2.78 cents recorded in 4Q17.

Broker's Calls

AA REIT to rely on AEI and redevelopment projects to boost DPU

SINGAPORE (Feb 2): Maybank is maintaining its “buy” call on AIMS AMP Capital Industrial REIT (AA REIT) with a lowered target price of $1.50.

Results

AA REIT reports higher 3Q DPU of 2.62 cents on advanced distribution from placement

SINGAPORE (Feb 1): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has announced a 3Q18 Distribution Per Unit (DPU) of  2.62 cents, 2.7% higher than the preceding quarter in 3Q17.

Property

AA REIT to divest 10 Soon Lee Road for $8.2 mil

SINGAPORE (Jan 15): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has agreed to sell the REIT’s smallest asset in its portfolio that is valued below $10 million, 10 Soon Lee Road, for a consideration of $8.17 million.

AA REIT says it raised $55 million via private placement

SINGAPORE (Nov 22): The manager of AIMS AMP Capital Industrial REIT (AA REIT) raised gross proceeds of $55 million through an overnight private placement of 42.1 million new units at $1.305 each.

AA REIT launches private placement to raise proceeds of $50 mil

SINGAPORE (Nov 22): The manager of AIMS AMP Capital REIT (AA REIT) is launching a private placement exercise to raise at least $50 million in gross proceeds.

Property

AA REIT's build-to-suit development at 51 Marsiling Road receives TOP

SINGAPORE (Oct 30): The manager of AIMS AMP Capital Industrial REIT (AA REIT) says it has received the TOP for its greenfield BTS development at 51 Marsiling Road on Oct 27.

Broker's Calls

Redevelopments to lead AA REIT's DPU growth

SINGAPORE (Oct 27): Maybank Kim Eng is maintaining its “buy” call on AIMS AMP Capital Industrial REIT (AA REIT) with a target price of $1.60.

Results

AA REIT declares DPU of 2.55 cents for 2Q18, down 7.3% from 2Q17

SINGAPORE (Oct 26): The manager of AIMS AMP Capital Industrial REIT has announced a Distribution Per Unit (DPU) of 2.55 cents for 2Q18 ended Sept, a 7.3% fall from the DPU of 2.75 cents in 2Q17.

Property

AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

SINGAPORE (Aug 30): AIMS AMP Capital Industrial REIT (AA REIT) has received the Temporary Occupation Permit (TOP) for the redevelopment of land parcel units 8 & 10 Tuas Avenue 20, according to the manager of the REIT.  
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