AA Reit is one to watch on potential corporate action, say analysts

SEPTEMBER has been a busy month for Aims Apac Reit O5RU .

The Singapore-listed real estate investment trust (S-Reit), which owns and invests in a diversified portfolio of industrial real estate assets in Singapore and Australia, was one of the 11 S-Reits to be inducted into the FTSE EPRA Nareit Global Real Estate Index series this month.

On Sept 2, a day after the announcement, the counter rose 3.9 per cent or S$0.06 to a 52-week high of S$1.60. Traded value for the day surged to S$5.7 million, more than four times that of its 12-month total average daily traded value (ADTV).