Initiate coverage of AIMS APAC REIT (AA REIT) with a BUY rating AA REIT owns 28 industrial properties in Singapore and Australia, of total lettable area of 0.78m sqm valued at S$2.2 billion.  Singapore contributes 75% of gross rental income, with logistics and warehouses making up 48%.  Sole sponsor, AIMS Financial Group (AFG), an Australian […]

source: https://thefinance.sg/2024/10/16/aims-apac-reit-asset-repositioning-gives-it-the-edge/