AIMS APAC REIT has announced a 4% increase in its Distribution per Unit (DPU) for the first half of FY2027, reaching 4.908 Singapore cents. The REIT’s net property income surged by 11.1% year-on-year to S$75.9m, driven by acquisitions and reduced property expenses. The portfolio occupancy stood at 93.7%, with a positive rental reversion of 5.7%.
The REIT completed the acquisition of a 9.15-hectare industrial asset in Hazelmere, Western Australia, enhancing its portfolio resilience. This asset, located near Perth Airport, is fully leased under a 10-year triple-net lease with fixed annual rental escalations of 3.25%.
CEO Joo Lee Lim highlighted the REIT’s strong performance, stating, “Our resilient and diversified portfolio, active asset management, and disciplined capital management underpin long-term income visibility.” Chairman George Wang added, “We remain focused on enhancing the portfolio and delivering sustainable long-term value for Unitholders.”
The REIT’s financial flexibility was bolstered by increasing its Multicurrency Debt Issuance Programme limit from S$750m to S$2b. As of 30 September 2026, the REIT’s aggregate leverage stood at 37.4%, with undrawn committed facilities and bank balances of approximately S$292.8m.
Looking ahead, AIMS APAC REIT plans to continue evaluating strategic acquisitions to strengthen its portfolio, whilst maintaining a focus on sustainability, as evidenced by its ongoing solar roadmap initiatives.
