Bought 9,000 shares of AIMS APAC REIT on 9 Nov at $1.17
Reasons for buying:
1) Quarterly dividend payout
Most of the REIT had switched to semi-annual dividend payout.
2) 6.8% dividend & PB 0.87
3) Attractive share price
Most of the REIT price had fly off (exclude hospitality) while AA REIT still trading in tight range despite they are in Industrial (consider as one of the stable industry in COVID era)
4) Ability to expand portfolio with yield-accretive building
5) Potential that ESR might offer and buy over AIMS APAC REIT
6) Further Growth opportunities via untapped GFA
Related post:
1) SOLD: AIMS APAC REIT & Sasseur REIT
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