Back 17 Jun 2025

AIMS APAC REIT Completes Divestment of 3 Toh Tuck Link, Portfolio Now Totals 55 Properties

Link: https://links.sgx.com/1.0.0/corporate-announcements/LO3BCQELK47LE6PP/65493827d53dcba44837d7405bfef79a72193b7f3b8d2ecf1219e8a94dae05eb

Summary:

  • AIMS APAC REIT has completed the divestment of its property at 3 Toh Tuck Link in Singapore on 17 June 2025, following the earlier announcement made on 10 December 2024.

  • The divestment aligns with AA REIT’s strategy to streamline and optimise its portfolio for long-term value.

  • Post-divestment, the REIT’s portfolio now consists of 24 properties in Singapore and 31 in Australia, including key assets like the 49% stake in Optus Centre in New South Wales.

  • The manager, AIMS APAC REIT Management Limited, emphasized that the REIT remains focused on income-generating industrial, logistics, and business park properties across the Asia Pacific.

  • The transaction is expected to strengthen capital flexibility and support further investments aligned with the REIT’s strategic goals.

  • No financial details were disclosed in this announcement, and the impact on distributions or valuation will be seen in future updates.