S&P reaffirms AIMS AMP Reit's BBB- credit rating

THE board of directors of AIMS AMP Capital Industrial Reit Management Limited said yesterday that Standard & Poor's (S&P) had reaffirmed its BBB- credit rating for the trust.

S&P said that it regarded the trust "as one of the strongest trusts among Singapore-based industrial Reits that they rate".

"The trust has a track record of expanding its portfolio and increasing its geographic diversity, while maintaining financial discipline."