AIMS APAC REIT reported a 2.5% y-o-y rise in distribution per unit to 7.25 cents for the nine months to Dec 31, 2025. Distributable income rose by 3.1% to $59.3 million. Net Property Income (NPI) increased by 4.1% y-o-y $103.7 million, underpinned by higher rental reversion and lower property expenses, primarily driven by cost efficiencies achieved during the period.
In 9MFY2026, 25 new and 49 renewal leases, totaling 161,420 sq m, or 20.5 % of the portfolio’s net lettable area (NLA) were completed with positive rental reversions of 8.0% achieved.
As at end December 2025, overall portfolio occupancy was 95.4% (or 96.6% based on committed leases), an increase from 93.3% as at Sept 30 2025. Weighted average lease expiry stood at 4.1 years. Geographically, 76.4% of GRI is from Singapore with the remaining Australian income anchored by high-quality, long-term leases.
In 3QFY2025 AA REIT acquired the Framework Building, an industrial property in a strategic Singapore city-fringe location at 2 Aljunied Avenue 1 .
As at Dec 31 2025, AA REIT’s aggregate leverage stood at 36.6% with no debt refinancing until FY2027. The REIT has undrawn committed facilities and bank balances of approximately $123.5 million. Weighted average debt maturity stood at 2.3 years with an interest coverage ratio of 2.6 times. With 65% of borrowings hedged at quarter end, AA REIT remains positioned to benefit from any easing in floating interest rates. The manager also hedges 74% of its expected Australian dollar distributable income into Singapore dollars on a rolling four-quarter basis to minimise the volatility impact of the foreign exchange rate.
