Nana_seven
2022-09-23

$AIMS APAC REIT(O5RU.SI)$

AIMS APAC Reit Management Limited (the Manager) as manager of AIMS APAC REIT (AA REIT) and SP Group (SP), a leading provider of utilities and sustainable energy solutions in Asia Pacific, announced a partnership to install rooftop solar PV system across six of AA REIT’s industrial as well as logistics and warehouse properties in Singapore by December 2023.

The six properties are 20 Gul Way, 27 Penjuru Lane, 30 Tuas West Road, 103 Defu Lane, 8 & 10 Pandan Crescent and 8 Tuas Avenue 20. The 10.8 Megawatt-peak (MWp) combined solar PV system will be one of the largest rooftop solar installations by any Singapore-listed real estate investment trust.

It will be good to see the transition into cleaner energy consumption. On the other hand, not sure how much will this cost to the REITs. I always think that installation of solar system is very pricey and it may take years to break even. Not sure how these cost will be affecting the DPU.

https://www.smallcapasia.com/aims-apac-reit-news-release/

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • rachhy
    2022-09-24
    rachhy
    I have faith in this stock too! average price at 1.25 just last week I added to my position again even tho it was a tad more expensive than what I got at least 5years ago. have been collecting decent dividends ever since.
  • Nana_seven
    2022-09-23
    Nana_seven
    @Venus_M are you holding this counter too? [Grin]
    • ___ _ReplyNana_seven: 
      hopefully this CEO can be as capable as the previous one
    • ___ _ReplyNana_seven: 
      this one I'm in years ago at 1.19 see it moves up steadily during onset of covid while all other tickers sink this flies to my surprise. i ended up sell off at 1.44 cos i don't think it'll go even higher but it did. to 1.60 irrc [Facepalm]
      i actually bought back again at 1.40. now I'm stuck on high
    • Nana_sevenReply___ _: 
      I see i see, maybe i have not read enough on this. I think i need to read up a bit more on this. I just onboard on this this year.
    • ___ _: 
      actually my concern is the change of CEO a year back.  the previous CEO was really good and i heard he actually went over to keppel reit that's why i bought a bit.  but sold off recently. 
    • ___ _: 
      not sure if AK71 still holding this [LOL]
  • Remotecam
    2022-09-24
    Remotecam
    thanks for sharing
  • Keith Yeow
    2022-09-25
    Keith Yeow
    nice
  • AuAgJCY
    2022-09-25
    AuAgJCY
    👍
  • JCWOO
    2022-09-25
    JCWOO
    Ok
Leave a comment
14