Summary: Aims Apac Reit is acquiring two industrial buildings in Aljunied for S$56.7 million, increasing its industrial exposure and enhancing portfolio resilience. The acquisition offers an 8.1% yield and immediate distribution per unit accretion, with potential for future asset-enhancement initiatives. The property’s location near Paya Lebar and its suitability for high-spec users in healthcare, life sciences, and advanced manufacturing industries contribute to its long-term value-add potential.

Link: https://www.businesstimes.com.sg/companies-markets/aims-apac-reit-acquire-two-industrial-buildings-aljunied-s56-7-million