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AIMS APAC REIT completes 3 Toh Tuck Link divestment for $24.388 mil

Nicole Lim
Nicole Lim • 1 min read
AIMS APAC REIT completes 3 Toh Tuck Link divestment for $24.388 mil
AA REIT's property at 7 Bulim Street. Photo: AA REIT
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AIMS APAC REIT (AA REIT) has completed the divestment of 3 Toh Tuck Link for $24.388 million, according to a filing on June 17.

The property, which is a part four-storey and part five-storey warehouse building with ancillary office spaces, had a sale price which was 32.5% premium to valuation, as at March 31.

This brings AA REIT’s portfolio to 24 properties in Singapore, and three properties in Australia.

Units in AA REIT closed 1 cent higher or 0.763% up at $1.32 on June 17.

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