News about AIMS APAC REIT —
AIMS APAC REIT Management Limited (Manager) as Manager of AIMS APAC REIT (AA REIT), today announced that AIMS Capital Management Pty Ltd, the trustee of Bella Vista Trust (a wholly-owned subsidiary trust of AA REIT), had on 30 September 2021 entered into a contract for sale agreement to acquire Woolworths Headquarters, located in New South Wales, Australia (the Property) for a purchase consideration of A$463.25 million (approximately S$454.0 million4) (the Proposed Acquisition) from Inmark Asset Management Pty Ltd. The Property, fully leased to Woolworths Group Limited (Woolworths), will be acquired at an initial Net Property Income (NPI) yield of 5.17%....read more on investor.aimsapacreit.com