AIMS property fund sees opportunities in Australian commercial real estate downturn

Singapore

DUAL-listed AIMS Property Securities Fund is "strategically positioned" to take advantage of a downturn in the Australian commercial real estate market, which has begun to show signs of weakening, chairman George Wang wrote in a letter sent to unitholders.

He said that the tightening of bank lending is expected to "play a large role" in the downturn of Australia's commercial real estate market.