AIMS APAC REIT (SGX:O5RU) posted a distribution per unit of SG$0.0467 in the fiscal first half, up 0.4% from SG$0.0465 in the year-ago period.
Distribution to unitholders for the six months ended Sept. 30 came in at SG$38.0 million, an increase of 5% from SG$36.1 million a year earlier, according to a Tuesday bourse disclosure.
Net property income for the period rose 5.1% year over year to SG$67.6 million from SG$64.3 million, while gross revenue jumped 7.7% on year to SG$93.5 million from SG$86.8 million.
The trust also reported an overall portfolio occupancy of 95.0% as of Sept. 30, with a weighted average lease expiry of 5.0 years.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.