Maybank Kim Eng analyst Chua Su Tye has maintained his “buy” call on AIMS APAC REIT (AA REIT) with the same target price of $1.50 following its 2QFY2021 results posted on Oct 27.

See: AIMS APAC REIT 2Q DPU drops 20% to 2 cents on lower NPI

The REIT posted distribution per unit (DPU) of 2.00 cents for the quarter, down 20% y-o-y, due to lower net property income (NPI) of $21.3 million, which was down 5.2% y-o-y.

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