The manager of AIMS APAC REIT (AA REIT) has announced a distribution per unit (DPU) of 2.00 cents for 1Q21 ended June, down 20% from the 2.50 cents posted a year ago.

Distributable income for the quarter fell 18.6% y-o-y to $14.1 million, which represents some 95.5% of the REIT’s Singapore taxable income available for distribution.

The $14.1 million comprises taxable income of $10.9 million from the REIT’s Singapore operations and tax-exempt income and capital distribution of $3.2 million from the group’s investment in Optus Centre and Boardriders Asia Pacific HQ in Australia.

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