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AA REIT to rely on AEI and redevelopment projects to boost DPU

Samantha Chiew
Samantha Chiew2/2/2018 03:48 PM GMT+08  • 2 min read
AA REIT to rely on AEI and redevelopment projects to boost DPU
SINGAPORE (Feb 2): Maybank is maintaining its “buy” call on AIMS AMP Capital Industrial REIT (AA REIT) with a lowered target price of $1.50.
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SINGAPORE (Feb 2): Maybank is maintaining its “buy” call on AIMS AMP Capital Industrial REIT (AA REIT) with a lowered target price of $1.50.

The REIT on Thursday announced that its 3Q18 DPU increased 2.7% y-o-y to 2.62 cents.

This quarter’s DPU comprises an advanced distribution of 1.91 cents per unit for the period from Oct 1 to Nov 30 2017 and a distribution of 0.71 cents per unit for the period from Dec 1 to Dec 31 2017.

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