The manager of AIMS APAC REIT (AA REIT) has announced distribution per unit (DPU) of 2.00 cents for the 2QFY2021 ended September, down 20% from the 2.50 cents reported a year ago.

This brings DPU for 1HFY2021 to 4.00 cents, down 20% from the 5.00 cents in 1HFY2019.

2QFY2021 gross revenue dipped 0.3% y-o-y to $30.5 million mainly due to lower contributions from 1A International Business Park arising from the conversion from a master lease to multi-tenancy leases. The marginal decrease in gross revenue also came about from the expiry of the master lease at 541 Yishun Industrial Park A.

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