AIMS APAC REIT (AA REIT) has recorded a distribution per unit (DPU) of 2.9 cents for the 4QFY2021 ended March, up 41.5% y-o-y. Distributions to shareholders totalled $20.5 million for the period.

This brings FY2021 DPU to 8.95 cents, representing a 5.8% decline y-o-y from 9.5 cents previously. Distributions to shareholders fell 4.9% y-o-y to $63.2 million for the year.

The lower distribution was mainly due to lower net property income and management fees paid fully in cash for FY2021, though partially offset by the full release of the Australian distributable income of $2.9 million previously retained in the 4QFY2020.

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