pstrongOn the other hand, net property income grew 6.9% YoY./strong/p pAIMS APAC REIT Management Limited said distribution per unit for fiscal year 2024 (FY 2024) ending 31 March declined 5.9% to $9.36 from the previous year’s $9.94.
AIMS APAC REIT Management Limited said distribution per unit for fiscal year 2024 ending 31 March declined 5.9% to $9.36 from the previous year’s $9.94.
In FY2024, AIMS APAC REIT Management executed 17 new and 48 renewal leases. These are equivalent to 231,837 square metres, representing 29.8% of the portfolio’s net lettable area. As of 31 March, portfolio occupancy stood at 97.8%. The manager said this is supported by 191 tenants, with 82.4% of gross rental income from those in the defensive industries.
He said a 15-year master lease with a global storage and information management company has been signed and negotiations are ongoing to secure a global precision engineering and technology group as an anchor tenant for a new long-term lease for a second project.
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