Link: https://links.sgx.com/1.0.0/corporate-announcements/K80UAACNPJW7I3IG/2c510734194355a610fd103805b0f1ca67bdaed3ebe5b6c26e123b87e9d3e88a

Summary:

• AIMS APAC REIT has finalized the acquisition of the industrial property at 2 Aljunied Avenue 1, Singapore for S$36.2 million, funded via a portion of its recent S$100 million equity raise.

• Of the gross proceeds, 36.2% (S$36.2m) went to the property purchase, 17.9% (S$17.9m) to asset enhancements, 43.5% (S$43.5m) for debt repayment, and 2.4% (S$2.4m) for professional fees/expenses.

• Acquisition aligns with AA REIT’s strategy to expand its high-quality, income-producing portfolio—now holding 28 properties in Singapore and Australia.

• Additional announcements on use of remaining proceeds will follow as funds are deployed.

• Managed by AIMS APAC REIT Management Limited; group is an index constituent in several benchmark indices.

• CEO Russell Ng confirmed completion on 20 November 2025.