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AIMS APAC REIT ( (SG:O5RU) ) has provided an update.
AIMS Financial Group has increased its stake in AIMS APAC REIT to 18.66% through the acquisition of additional units from ESR HK Management Limited. This strategic move underscores the group’s confidence in the REIT’s long-term growth potential and its commitment to creating value for unitholders. Since taking over the distressed MacarthurCook Industrial REIT in 2009, AIMS Financial Group has focused on building a resilient portfolio capable of withstanding market fluctuations, including the Global Financial Crisis and the COVID-19 pandemic. The increased stake further aligns the Sponsor’s interests with those of the unitholders, reinforcing its long-term stewardship and strategic vision for AA REIT.
The most recent analyst rating on (SG:O5RU) stock is a Buy with a S$1.55 price target. To see the full list of analyst forecasts on AIMS APAC REIT stock, see the SG:O5RU Stock Forecast page.
More about AIMS APAC REIT
AIMS APAC REIT is a real estate investment trust managed by AIMS APAC REIT Management Limited, part of the AIMS Financial Group. The company focuses on providing stable and sustainable long-term income through prudent and disciplined asset management. It has a market capitalisation of over S$1.08 billion and total assets exceeding S$2.13 billion.
Average Trading Volume: 948,480
Current Market Cap: S$1.09B
See more data about O5RU stock on TipRanks’ Stock Analysis page.