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AIMS APAC REIT posts 1.3% increase in 1QFY2022 DPU of 2.28 cents

Felicia Tan
Felicia Tan7/26/2022 08:54 AM GMT+08  • 3 min read
AIMS APAC REIT posts 1.3% increase in 1QFY2022 DPU of 2.28 cents
As at June 30, AA REIT reported an overall portfolio occupancy of 97.9%, 2.2 percentage points higher y-o-y. Photo: AA REIT
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The manager of AIMS APAC REIT (AA REIT) has posted a distribution per unit (DPU) of 2.28 cents for the 1QFY2022 ended June, 1.3% higher than the DPU of 2.25 cents in the corresponding period the year before.

Total distributions to unitholders increased by 2.7% y-o-y to $16.3 million, thanks to the higher gross revenue for the quarter, which grew by 29.8% y-o-y to $41.3 million.

Net property income (NPI) also grew 34.3% y-o-y to $31.0 million.

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