Aims Apac Reit H2 DPU rises 4.1% to S$0.0513
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Aims Apac Real Estate Investment Trust (AA Reit) reported a 4.1% increase in distribution per unit (DPU) to S$0.0513 for H2 ended Mar 31, with total distributions rising to S$42 million. Revenue also grew by 4.1% to S$97 million, driven by higher rental income from logistics and industrial properties. Net property income (NPI) increased by 10.3% to S$73 million. For the full year, DPU was S$0.0985, and total revenue rose 2.2% to S$190.7 million. The Reit's portfolio occupancy was 93.6% as of Mar 31.
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