AIMS APAC REIT Makes Big A$463 Million Acquisition

News about AIMS APAC REIT

AIMS APAC REIT is announcing the acquisition of Woolworths HQ in Sydney, Australia. The freehold business park has a NLA of 44,972 m² and is 100% leased to supermarket group Woolworths on a 10 year term. NPI yield is 5.17%.

The manager has yet to announce how the A$463.25 million transaction (or about S$454 million) will be funded.

AIMS APAC REIT
Price1.270 SGD
NAV1.260 SGD
Yield (4 quarters)7.43%
Gearing33.7%
AIMS APAC REIT