AIMS APAC REIT (AA REIT)

There is now a higher level of certainty around how some of these REITs transactions can potentially be priced

Currently, the REIT has since started on its Phase 2 rooftop solar panel system across three properties in Singapore.

The sale consideration represents a 32.5% premium to the property’s valuation of $18.4 million as at March 31.

See what the analysts have to say about these counters this week.

We always think in the long term ... This prudent and proactive approach helps us to monitor the market, mitigate potential risks and capture new opportunities as they arise: chairman George Wang

The REIT saw a higher y-o-y DPU of 4.670 cents, despite a larger unit base, says analyst Donovan Tan.

The record date for DPUs is Nov 14 while unitholders will receive their distributions on Dec 24.

The loan was arranged with the support of UOB and HSBC.

Analyst Li Jialin is keeping her target price unchanged at $1.39.

The REIT reported higher gross revenue and NPI due to higher rental growth, strong rental reversions and high tenant rates.