Data from AIMS APAC REIT’s latest results are compiled on the 1Q Singapore REITs results page, and have been updated into the Singapore REITs table.

After a failed bid to merge with ESR-REIT with Sabana REIT, ESR Cayman may have found another suitor in the form of fast-growing industrial landlord, AIMS APAC REIT (AAREIT).

AIMS APAC REIT is a Singapore-heavy industrial REIT with a portfolio of mostly light industrial and logistics facilities across Australia and Singapore.

The REIT features a relatively longer portfolio weighted average lease expiry (WALE) of 3.9 years, compared to the 3.3 years exhibited by its REIT peers in the mid-cap industrial segment.