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Corporate digest

Published Thu, Oct 29, 2015 · 09:50 PM

AIMS AMP Capital Industrial

AIMS AMP Capital Industrial Reit on Thursday posted a 1.8 per cent increase in distribution per unit (DPU) to 2.8 Singapore cents for the second quarter ended Sept 30, 2015.

Gross revenue rose 3.2 per cent to S$31.3 million; net property income climbed 2.4 per cent to S$20.7 million.During the quarter, the trust successfully secured 13 new and renewal leases at a weighted average rental increase of 4.7 per cent on the renewals. It also managed to improve occupancy to 96.5 per cent from 96.1 per cent for the portfolio.

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