Standard & Poor’s reaffirms BBB- rating for AIMS AMP Capital REIT

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Standard & Poor’s (S&P) has reaffirmed the investment grade rating of BBB- for AIMS AMP Capital Industrial REIT, with a stable outlook.

The REIT recently reported a fall of 6.8% in its full-year distribution per unit (DPU), which came in at 10.3 Singapore cents for FY 2018.

The stable outlook reflects S&P’s expectation that AIMS AMP Capital Industrial REIT will continue to generate steady cash flows, and successfully execute its asset enhancement initiatives over the next 24 months.

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