AIMS APAC REIT property at 20 Gul Way. (Photo: AIMS APAC REIT)AIMS APAC REIT property at 20 Gul Way. (Photo: AIMS APAC REIT)

AIMS Financial Service Group has proposed to acquire all of AMP Capital Investors Limited shares in the manager of AIMS AMP Capital Industrial REIT, and the latter’s stake in the REIT itself.

AMP Capital currently owns a 50% interest in REIT’s manager, and a 10.26% stake in the units in AIMS AMP Capital Industrial REIT.

A public relations company appointed by AIMS AMP Capital Industrial REIT was however not able to confirm with REITsWeek if the proposed buyout would change the name of the REIT.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.