AIMS APAC REIT (O5RU) reported full-year revenue of 190.7 million Singapore dollars for FY2026, up 2.2% from a year earlier. Net property income rose 5.7% to 141.3 million Singapore dollars, while distributions to unitholders increased 3.1% to 80.6 million Singapore dollars. Distribution per unit edged up 2.6% to 9.850 Singapore cents.

The trust’s portfolio, comprising 28 industrial, logistics and business-park properties in Singapore and Australia, was valued at about 2.25 billion Singapore dollars as of Mar, 31 2026. Overall occupancy stood at 93.6%, or 96.8% on a committed basis, with a weighted average lease expiry of 4.0 years and positive rental reversions of 7.7%.

Aggregate leverage improved to 26.8% from 28.9% the previous year. Eighty percent of borrowings are on fixed rates, and the weighted average debt maturity was 2.2 years, which will extend to roughly four years after recently sealed sustainability-linked loan facilities. AIMS APAC REIT also issued 250 million Singapore dollars of subordinated perpetual securities in Jan and Mar 2026 and introduced a distribution reinvestment plan to conserve cash.

During the year the REIT acquired the city-fringe industrial property at 2 Aljunied Avenue 1 and divested 3 Toh Tuck Link and 8 Senoko South Road at premiums of 32.5% and 11.1% respectively. Asset-enhancement initiatives were completed at 15 Tai Seng Drive and 7 Clementi Loop under long-term master leases.

On the sustainability front, the manager reported a 31% reduction in emissions from the FY2020 baseline, expanded installed solar capacity to 15.46 MWp across 10 properties and linked new debt facilities to ESG performance targets.

Management said it remains focused on accretive acquisitions, redevelopment opportunities and further decarbonisation, while demand for well-located industrial and logistics space in Singapore and Australia underpins a positive outlook.