Aims Apac Reit Reports Stable Q1 Performance with 0.4% DPU Growth

Singapore-based Aims Apac Reit demonstrated resilience in its Q1 FY2026 performance, reporting a 0.4% increase in distribution per unit (DPU) to S$0.0228, highlighting the continued strength of Singapore's real estate investment landscape.

Key Financial Highlights

The trust's distributions to unitholders saw a 1.1% growth to S$18.6 million, while revenue marginally increased by 0.2% to S$47.4 million. Despite these gains, net property income experienced a slight 1% decline to S$34.1 million, primarily due to temporary vacancy at 7 Clementi Loop during ongoing asset enhancement initiatives (AEIs).

Operational Performance and Market Strategy

In a demonstration of active portfolio management similar to other innovative Singapore-based financial instruments, the Reit executed seven new and 25 renewal leases, covering 67,941 square metres. The trust achieved positive rental reversions of 5.4%, with the logistics and warehouse segment leading at 7.3%.

Strategic Portfolio Enhancement

CEO Russell Ng emphasized the Reit's focus on portfolio rejuvenation, stating, "We are pleased to deliver a stable operational and financial performance while progressing on our portfolio rejuvenation strategy." The successful divestment of 3 Toh Tuck Link at a premium positions the trust for new growth initiatives.

Market Outlook and Regional Position

Chairman George Wang highlighted the trust's strategic focus on Singapore and Australia markets, which has proven advantageous amid global uncertainties. This regional stability reflects Singapore's broader strategic positioning in Asia, particularly as markets navigate geopolitical challenges including US trade policies and ongoing global conflicts.

The distribution will be paid on September 24, with the record date set for August 11. Units in Aims Apac Reit closed at S$1.40, marking a 1.5% increase.