“AIMS APAC REIT Share Price, Dividend Yield, and Occupancy Rate: Investors Look to AA REIT’s Strong Track Record Amid Sector Challenges”
In a sector grappling with rising interest rates and inflationary pressures, AIMS APAC REIT (AA REIT) has set itself apart with consistent year-on-year growth and stable returns for its unitholders. While other REITs have faced declines in distributions, lower portfolio occupancies, and rising debt levels, AA REIT has demonstrated resilience, achieving some of the highest portfolio occupancy rates among Singapore REITs.
AA REIT’s portfolio, valued at $2.16 billion, includes 28 properties across Singapore and Australia. For FY2024, ending on March 31, it posted a portfolio occupancy rate of 97.8%, along with a revenue increase of 5.9% year-on-year to $177.3 million. Net property income saw an impressive 6.9% rise to $131 million, while distributions to unitholders climbed 3.8% to $74.3 million.
These achievements earned AA REIT the “Highest Returns to Shareholders over Three Years (Real Estate)” accolade at the Billion Dollar Club awards.
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